Europe is waking up to find one of its leading software CEOs, Leo Apotheker, has taken over the hardware giant Hewlett-Packard. What does this mean?
Firstly, it means the end of two months of speculation, and it means a set of disappointed senior execs at HP. The company doesn’t appoint internally to the top spot it seems, having appointed Mark Hurd from NCR, and before that Carly Fiorina from AT&T.
When Hurd resigned in August, some senior HP people may have thought their time was coming, but once again, it looks as if the best way to get to the top in HP is to start somewhere else.