Hewlett-packard, Ceo | featured news

In Meg Whitman's first full year on the job as Hewlett-Packard's chief executive, she received compensation valued at $15.4 million, according to H-P's proxy filing.

Hewlett Packard Co rebuffed a request by former Autonomy Chief Executive Mike Lynch to detail accusations of accounting fraud leveled against the British software company and its former executives, and challenged Lynch to submit to questions under penalty of perjury.

Hewlett-Packard Co's shares plunged to a nine-year low on Wednesday after Chief Executive Meg Whitman warned of an unexpectedly steep earnings slide in 2013, with revenue set to fall in every business division except software.

Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

Directors of the company were considering Meg Whitman, the former chief of eBay, to replace Léo Apotheker, sources said.

Hewlett-Packard Co is shaking up a board criticized by many as dysfunctional, bringing in five new directors including former eBay chief Meg Whitman, as new CEO Leo Apotheker remakes the company.

H-P's new CEO Leo Apotheker will get nearly $15 million in bonuses and initial stock awards for taking over the technology giant. His annual salary will be $1.2 million.

Hewlett-Packard Co.'s board upset many investors when it forced out Mark Hurd as CEO nearly two months ago. Now, those directors appear to have baffled Wall Street with its selection of HP's new leader - Leo Apotheker, who lost his job running German business software maker SAP earlier this year after he didn't live up to expectations.

Hewlett-Packard is filing a lawsuit against former CEO Mark Hurd to prevent him from joining rival Oracle.

Former Hewlett Packard Co contractor Jodie Fisher alleged that she lost work from the company because she did not have sex with ex-CEO Mark Hurd, a source with knowledge of the matter told Reuters on Tuesday.