KimVette
02-09-2005, 04:24 PM
http://newsletter.crn.com/cgi-bin4/DM/y/el8O0GCSow0ElK0DCJY0AB
HP Board Ousts Fiorina
HP's board on Wednesday said Fiorina stepped down as chairman and CEO, effective immediately. The board named CFO Robert Wayman as interim CEO and director Patricia Dunn as non-executive chairman.
In a company statement, the board said it will begin a search for a full-time CEO immediately.
"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in the same statement. "HP is a great company, and I wish all the people of HP much success in the future."
HP Board Ousts Fiorina
HP's board on Wednesday said Fiorina stepped down as chairman and CEO, effective immediately. The board named CFO Robert Wayman as interim CEO and director Patricia Dunn as non-executive chairman.
In a company statement, the board said it will begin a search for a full-time CEO immediately.
"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in the same statement. "HP is a great company, and I wish all the people of HP much success in the future."