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Meg Whitman for HP CEO? Board eyes change

He hasn't even been around for a year, and already reports are cropping up suggesting that Hewlett-Packard Chief Executive Leo Apotheker will soon be replaced.

According to reports from AllThingsD and Bloomberg, citing anonymous sources, HP's board of directors is nearing a decision to remove Apotheker as CEO, and hire former eBay CEO Meg Whitman in his place. Although both publications said that a deal is by no means in place between HP and Whitman, Bloomberg's sources said she could be named to the position initially in an interim basis.

Apotheker took over at HP in November. … Read more

Yahoo's post-Bartz ledger: What new CEO will inherit

Yahoo is looking for a new CEO and anyone interested in the job will need an answer to this core question: Can this company be saved?

Listen to the analysts, the few Yahoo supporters, and an army of critics and you're excused for not having a great answer. Yahoo is at an inflection point. Yahoo will either become an also-ran that will fade or it will leverage its top 5 Web property standing and evolve into something new.

The negatives are well-known. Yahoo's board of directors is a joke--who can forget the idiotic move to turn down Microsoft'… Read more

Bartz's severance package tops $10 million

Following yesterday's ousting of Carol Bartz as the CEO of Yahoo, the former chief executive is now eligible for a hefty severance package.

A form 8-K the company filed with the U.S. Securities and Exchange Commission today notes that Bartz was "removed from her role" as CEO, and will receive severance benefits "for termination without cause."

According to some number crunching by CNN, that includes $3 million in cash, as well as a pro-rated yearly bonus worth somewhere between $1 million to $2 million. Add in company stock and you get an extra $5.… Read more

Yahoo fires Carol Bartz

The four-tuner Tivo Premiere Elite makes its debut, Netflix cracks down on people who stream more than one video at the same time, and Yahoo's board fires CEO Carol Bartz after less than three years on the job.

Links from Wednesday's episode of Loaded:

Yahoo! board fires CEO Carol Bartz Netflix cracks down on more than one stream Facebook for iOS gets update Apple ships 27" Thunderbolt displays Tivo Premiere Elite Reddit spins out... sort of Subscribe:  iTunes (MP3) |  iTunes (320x180) |  iTunes (HD) |  RSS (MP3) |  RSS (320x180) |  RSS HD

Yahoos in charge: Blame the board

Carol Bartz is a big girl with a potty mouth who can take the heat. And rest assured, there will be no shortage of criticism directed her way now that Bartz is out as Yahoo chief executive officer (fired on the phone, no less.)

But as Bartz's name gets inscribed onto the lengthening list of failed Yahoo CEOs--a roster that also includes Tim Koogle, Terry Semel and Jerry Yang--there are a couple of salient points to remember as revisionist versions of this chapter in the company's history start turning up.

Don't pay attention to the meme that … Read more

Cook given 1 million share bonus as new Apple CEO

Following this week's management change at the very top of Apple, the company's board has awarded new Chief Executive Officer Tim Cook with a hefty bonus.

In an SEC filing that was posted to Apple's investor site this afternoon, the company notes that Cook has been given 1 million restricted shares of Apple stock, half of which will be vested in five years time. The rest will be vested in 2021, contingent upon Cook still being at the company:

"In connection with Mr. Cook's appointment as chief executive officer, the board awarded Mr. Cook 1,… Read more

What will Jobs do as Apple's chairman?

For most companies, the chief executive serves as a quarterback, ensuring the plays are run correctly, while the chairman is the coach, providing the bigger-picture view.

Or, for the geeks out there, the CEO is Luke Skywalker to the chairman's Yoda.

It's unclear what Steve Jobs' role will exactly be as chairman. The Star Wars analogy may be apt in that Jobs could dispense his sagely advice to CEO Tim Cook. Or the chairman position could be the first step to his eventual departure from the company.

The role of chairman has evolved over the past few years, … Read more

Apple CEO Steve Jobs steps down

In an unsurprising but still shocking move, Apple co-founder Steve Jobs resigns as CEO but remains with the company as chairman. Tim Cook is promoted from chief operating officer to chief executive officer.

Links from Thursday's episode of Loaded:

Steve jobs resigns as Apple CEO Tim Cook, Apple CEO RIM unveils BBM Music BlackBerry to support Android apps Facebook launches photo filters Windows Phone 7 "Mango" gets Skype Subscribe:  iTunes (MP3) |  iTunes (320x180) |  iTunes (HD) |  RSS (MP3) |  RSS (320x180) |  RSS HD

A look at Tim Cook, the man replacing Steve Jobs

Tim Cook, the man named to replace Steve Jobs as Apple's chief executive, already has extensive experience running the company.

Cook, who has served as Apple's chief operating officer for seven years, was named as its new chief executive today with the resignation of Jobs, the iconic co-founder of the company. Cook, long considered a front-runner to replace Jobs, has filled in for Jobs during his three medical leaves of absence.

"The board has complete confidence that Tim is the right person to be our next CEO," Art Levinson, chairman of Genentech, said in a statement on behalf of Apple's board.

Cook, 50, joined Apple in 1998 as a senior vice president of worldwide operations and was promoted to chief operating officer in 2004. Before joining Apple, Cook briefly served as an executive at Compaq and spent 12 years at IBM, where he ran manufacturing and operations for the company's PC business. Cook earned a bachelor's degree in industrial engineering from Auburn University and an MBA from Duke.

Related stories • Steve Jobs steps down from Apple • Text of resignation letter from Steve Jobs • Complete coverage from CNET

Cook is credited with completely restructuring Apple's manufacturing operations, insisting that Apple shut down its overseas factories and farm out the work to third-party manufacturers. As a result, the company reduced inventory and improved margins on its entire product lineup.

Described as a private but demanding man, Cook reportedly called a meeting early in his tenure at the company to discuss a problem in Asia.

"This is really bad," Cook told those assembled, according to a Fortune report. "Someone should be in China driving this." About 30 minutes later, he looked at a key executive and abruptly asked, "Why are you still here?"

That executive immediately stood, drove to San Francisco International Airport, and booked a flight to China--without a change of clothes or a return ticket. … Read more