HP May Oust CEO
According to sources cited by Bloomberg, HP's board of directors is considering plans to rid itself of Chief Executive Officer Leo Apotheker, who's helmed the company for less than a year, and replace him with former eBay CEO Meg Whitman. HP has had a tumultuous year under Apotheker's leadership, and recently killed off its smartphone and tablet businesses. HP also recently announced plans to sell off its PC/hardware business and focus more on software and services, similar to IBM. HP's strategic changes have been met with investor ire. It is unclear if any of HP's recent strategic decisions might be reversed under new leadership. HP this week began the process of laying off more than 500 former Palm employees as it winds down the webOS business unit.
Samsung Mobile CEO to Cede Daily Management Duties
Samsung today said J.K. Shin, the long-time leader of the company's mobile phone business, will cede control as part of the firm's annual personnel assessment.
ZTE Changes Leadership to Appease US
ZTE has moved forward with plans to replace its top executives in a step meant to help ease tension with the U.S. Department of Commerce.
Jolla Separates Software and Hardware Businesses
Jolla today announced plans to split its operations into two separate companies. Moving forward, Jolla Ltd.
Sony President and CEO Kazuo Hirai to Step Aside
Sony today said it plans to make changes to its corporate leadership later this year. Current President and CEO Kazuo Hirai, largely seen as responsible for turning around the company's fortunes, will stand down from his leadership role on April 1.
Samsung Electronics' CEO Resigns Unexpectedly
Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., today announced plans to step down from his leadership role with the company. "As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company start anew, with a new spirit and young leadership to better respond to challenges arising from the rapidly changing IT industry," said Kwon in an email sent to employees.
Good riddence now please show support.
This is BAD BUSINESS, the kind that'll make me shy...
I'm embarrassed for this company and feel getting rid of this CEO, is the only smart move they've made this year.
As little as I care for WebOS...