
HP appoints Whitman as president

HP's board of directors has appointed Meg Whitman as president and chief executive officer. In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director. These leadership appointments are effective immediately and follow the decision that Leo Apotheker step down as president and chief executive officer and resign as a director of the company. Whitman was a member of HP's board of directors for the past eight months.
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