HPE CEO Whitman Steps Down As Chairman of HP Inc.

Printer-friendly version Email this CRN article

Hewlett Packard Enterprise CEO Meg Whitman, who is reportedly on a short list for the Uber CEO position, is giving up her position effective immediately as chairman of HP Inc.'s board of directors.

The PC and printer maker announced Wednesday that Whitman is stepping aside and is being replaced by Chip Bergh, the CEO of Levi Strauss and Co. and the lead independent director of the HP Inc. board since 2017.

[Related:Source: HPE CEO Whitman Has Not Interviewed For Uber CEO Job]

The announcement comes just one day after Bloomberg and Recode reported that Whitman is on a "short list" for the Uber CEO job.

Bob Venero, CEO of Holbrook, N.Y.-based solution provider Future Tech, No. 119 on the 2017 CRN Solution Provider 500, said Whitman's departure as HP Inc's  chairman lends credence to reports that Whitman may be ready for a new job.

"Meg has accomplished what she set out to do six years when she took the CEO job at HP in the midst of the  turmoil that took place under former HP CEO Leo Apotheker," said Venero."It could certainly be her time to move to the next big job and the next chapter in her career. It certainly wouldn't surprise me. If you look at CEOs their tenure is not traditionally more than five to seven years. Meg is certainly within that time frame."

Bloomberg reported that Uber  has a short list of fewer than six CEO candidates with Whitman on the list, according to two employees, who attended a staff meeting where the plans were discussed.

In response to the Bloomberg and Recode reports, an HPE spokesperson said: "As Meg has said several times before, she is fully committed to HPE and plans to stay with the company until her work is done."

Whitman is coming up on her six year anniversary overseeing the massive turnaround of the once battered Silicon Valley crown jewel. Under her leadership,  the one time $127 billion company  has been transformed into four companies including the split of HP Inc. into a separate company two years ago. The net financial impact: a whopping $20 billion in value to shareholders and HPE itself.

In a prepared statement announcing the HP changing of the guard, Whitman said: “HP has now been a standalone company for almost two years and I’m proud to have helped get the company off to a great start. The HP board is among the most diverse in our industry, and the company has established a proven track record of successfully delivering on its commitments."

Whitman's departure as chairman of the HP board comes after HP Inc. reported in the most recent quarter both printer and PC sales growth for the first time in six  years.

Printer-friendly version Email this CRN article