whitman

Well-liked: Zuckerberg tops employee-driven CEO rankings

Lots of CEOs make the news for being gruff, domineering, or brilliant, but oftentimes their employees have different impressions. Every year, careers site Glassdoor surveys hundreds of thousands of employees across all industries and then publishes its rankings of the 50 highest rated CEOs (see list below).

And, for 2013, Facebook's Mark Zuckerberg took the top honor.

Despite shareholder lawsuits over its botched IPO and mixed reaction to Timeline and Graph Search, the social network's employees gave Zuckerberg a 99 percent approval rating over the past 12 months, which ended February 24. This is up 14 percentage points … Read more

Meg Whitman changes stance, now supports same-sex marriage

Hewlett-Packard CEO Meg Whitman said today that her views against same-sex marriage had changed "after careful review and reflection" and that "the time has come" for marriage equality.

Whitman, who formerly supported California's Proposition 8 during her unsuccessful gubernatorial campaign in 2010, was one of dozens of prominent Republicans who have signed an amicus brief in support of a lawsuit seeking to overturn the controversial proposition. The voter-approved amendment to the state's constitution, which bans gay marriage, is expected to be reviewed by the U.S. Supreme Court next month.

She explained in a … Read more

HP's Whitman: 'We're shifting resources from PCs to tablets'

Hewlett-Packard CEO Meg Whitman may have stated the obvious when she said today that HP is transferring its attention to tablets.

"We're shifting resources from PCs to tablets," she said during the Morgan Stanley Technology, Media & Telecom Conference.

"The market moved very fast to tablets and smartphones, and we've got to now manage that transition."

She continued. "And it's not that HP didn't try to manage that transition -- they did with the acquisition of Palm. But as you know under the previous [management] that took a little detour to … Read more

HP's Whitman: No plans to break up company

During Hewlett-Packard's first-quarter earnings conference call, CEO Meg Whitman clarified the company's "better together" strategy.

"We have no plans to to break up the company," Whitman said, in response to a question from an analyst. "I feel quite strongly that we are better and stronger together."

She reiterated this was part of HP's "better together" strategy. In short, Whitman is saying that HP as a whole is more than the sum total of its parts.

There has been speculation in the past weeks that HP's board is reconsidering … Read more

HP beats expectations, raises outlook

Hewlett-Packard delivered better-than-expected first-quarter results, raised its outlook for the second quarter, and said it has "disruptive innovations" on tap in coming quarters.

The disruptive innovation comment from CEO Meg Whitman likely revolved around Project Moonshot, the company's ARM-based server designed for hyperscale environments.

HP reported first-quarter earnings of $1.6 billion, or 63 cents a share, on revenue of $28.4 billion, down 6 percent from a year ago. Non-GAAP earnings in the first quarter were 82 cents a share. Wall Street was looking for first-quarter earnings of 71 cents a share on revenue of $27.… Read more

CEO of beleaguered HP made $15.4M last year

Meg Whitman, CEO of the struggling Hewlett-Packard, pulled in $15.4 million in compensation during fiscal 2012.

Her base salary may have been only $1, but, as reported by Reuters (which cited an HP filing made yesterday with the SEC), the former eBay chief and onetime California gubernatorial candidate was awarded a bonus of $1.7 million, along with stock options and the like valued at more than $13 million (most of which haven't yet vested).

The bonus was awarded under HP's "Pay for Results" plan, which considers performance benchmarks including revenue, free-cash flow, and achievement … Read more

Critics pile on HP as Moody's cuts rating

Moody's cut Hewlett-Packard's rating today, topping a day marked by a rash of critical articles about the Silicon Valley giant.

Moody's Investor Services cut HP's long-term credit rating to Baa1, three levels above junk, from A3, according to Bloomberg. The rating agency said that HP's "credit profile will remain weaker than previously expected over the intermediate term," among other reasons.

This comes in the wake of an $8.8 billion writedown related to alleged fraudulent accounting at Autonomy, the software company HP acquired last year.

And HP's core businesses aren't faring … Read more

HP CEO: We'll 'ultimately' offer smartphones, too

HP chief executive Meg Whitman said during an interview with Fox Business Network that the PC giant is "working on" getting a new smartphone to market.

The firm previously had a range of Windows Mobile devices on offer for consumers and enterprises, but ditched the ailing operating system in favor of Palm, which was bought by HP in 2010. HP then ditched its Palm-based lineup last year.

But with a post-PC world future in which smartphones and tablets rule the roost, Whitman hinted that the company will build something from scratch.

"We have to ultimately offer a … Read more

Hewlett-Packard just whacked the wrong executive

If Meg Whitman has a clue about how to restore a one-time Silicon Valley legend, she's doing a great job of keeping the plan to herself.

Nine months after her appointment as Hewlett-Packard's CEO, the Whitman era began in earnest today with the announcement that HP would fire 27,000 employees.

Twenty seven thousand employees.

And among the casualties is one Mike Lynch, the brilliant English computer scientist who founded Autonomy, a company once described by the Financial Times as "the doyen of European software." Autonomy's software sifts through and categorizes patterns found in unstructured … Read more