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Meg Whitman Appointed President and CEO of HP

Photo: Meg Whitman, HP

HP’s board of directors has appointed Meg Whitman as president and chief executive officer. Additionally, Ray Lane moved from non-executive chairman to executive chairman of the board of directors.

“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP. We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead,” said Lane.

“Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and market,” Lane added.

The board will appoint a lead independent director soon as well. These recent leadership appointments came following Léo Apotheker’s decision to step down as president and chief executive officer and resign as a company director.

Whitman commented on her new role and said, “I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

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