CEO

HP officially names Meg Whitman as new President and CEO

HP officially names Meg Whitman as new President and CEO

It's official. All the rumblings yesterday afternoon and this morning about the ousting of HP CEO Leo Apotheker are now confirmed. HP has just issued a press release announcing the appointment of former EBay CEO Meg Whitman as its new president and CEO. Apotheker, after only less than 11 short months leading HP, will now have to resign from his position and as a director of the company.

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HP’s board was a dysfunctional mess when they hired Apotheker

HP’s board was a dysfunctional mess when they hired Apotheker

According to the NY Times, who spoke with several of HP's current and former directors, when current and soon-to-be-ousted CEO Leo Apotheker was hired last year almost no board member even bothered to meet him. Apparently, HP's board was one big dysfunctional mess and in the words of a former HP director Tom Perkins: "It has got to be the worst board in the history of business."

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Apple is Safe with Tim Cook

Apple is Safe with Tim Cook

Wednesday afternoon Apple's long-time CEO and founder Steve Jobs sent a letter out to the company's Board of Directors and the greater Apple Community announcing his resignation as CEO of Apple. His letter requests and the board has agreed that now former Chief Operating Officer Tim Cook would become the new Apple CEO while Jobs himself would become Chairman of the Board, director, and, as he put it, "Apple employee." As we find confidence in the fact that Jobs will continue to be a large member of the Apple family, we of course look to Tim Cook to fill the role that Jobs has defined for several decades. Is Tim Cook up to the task?

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Steve Jobs Resigns as CEO of Apple

Steve Jobs Resigns as CEO of Apple

Shocking news has just hit the wires out of Cupertino, Apple's own CEO Steve Jobs has just officially announced in an open letter that he will resign as CEO. The time has come for him to step down and he has named Tim Cook as his replacement for CEO. This is shocking and sad news to say the least.

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Verizon Seeks Strike Injunction

Verizon Seeks Strike Injunction

It was just this past Sunday when the strikes began across the USA, Verizon workers from Washington D.C. all the way to Massachusetts protesting Verizon's demands of "over 100" concessions to be made on the part of Verizon workers in the face of falling profits. Affected Verizon customers include those working with Internet service, land line phones, and Verizon's FiOS television. What's happening today is Verizon seeking injunctions against these strikers to prevent "illegal" and "reprehensible" strike activities to continue.

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Verizon Workers Strike, 45,000 Union Members Strong

Verizon Workers Strike, 45,000 Union Members Strong

Today workers from Washington D.C. to Massachusetts went on strike one day earlier than originally planned as a new contract failed between Verizon and phone repair technicians, customer service representatives and cable installers. This new contract included health care coverage, pensions and work rules was stalled upon Verizon demanding 100+ concessions from workers. The Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) went on strike today and say they will continue until an agreement is met.

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Google almost tapped Jobs as CEO in 2000

Google almost tapped Jobs as CEO in 2000

Back before Google owned almost everything on the internet, in 2000, they were building the base of their Mountain View operation. Their venture capitalist backers decided that they needed "adult supervision". John Doerr came in and arranged a number of meetings for Google's co-founders Larry Page and Serge Brin. The goal? Google's new CEO. The pair met with Intel's Andry Grove, Amazon's Jeff Bezos, and others. Page and Brin turned all of these guys down. Why? Because they had one person they wanted to lead their new company, Steve Jobs.

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Larry Page to Replace Eric Schmidt as Google CEO on April 4th

Larry Page to Replace Eric Schmidt as Google CEO on April 4th

Google has just finished wrapping up their quarterly earnings call, and while the results were good for Google, their earnings are taking a backseat to the other story that they threw in for good measure. As the title above suggests, it's been formally announced, which you can read in the press release after the break, that Google's current CEO will step down, and Google co-founder Larry Page will step into the hot seat.

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AMD CEO Resigns, Search Begins for Replacement

AMD CEO Resigns, Search Begins for Replacement

Breaking just now, just a moment ago, AMD have announced that their CEO Dirk Meyer has resigned and that they've temporarily assigned Vice President and CFO Thomas Seifert to his post. They've begun searching with their CEO Search Committee which is led by Bruce Claflin, Chairman of AMD's Board of Directors. You know what that means? Everyone get your resumes out, get all your business cards stacked up, your dohnuts eaten, and grab that super hard job and rock it!

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