Leo Apotheker is out at struggling company
(NEWSER) - Score one for the rumor mill : Hewlett-Packard waited for the markets to close, then named Meg Whitman its new CEO, effective immediately, reports Bloomberg . The former eBay exec, recently off a failed bid to be California governor, will take over for Leo Apotheker, who resigned under pressure after 11 lackluster months. He had lowered the company's financial outlook after three successive quarters, notes the Wall Street Journal . More»