Six times after taking the helm as heads of state of HP, Meg Whitman will step down from her persona as CEO of Hewlett Packard Enterprise in February 2018. Whitman’s spot will be filled by the company’s current president, Antonio Neri.
Neri has been with HP since 1995, starting as a customer services operator at a bawl middle, ultimately climbing the grades to executive vice president of HPE in 2015 and then to president in June of this year.
Whitman joined the company in 2011, after serving as the heads of state of eBay. During her term at HP, the executive oversaw a rocky age for the electronics monster, eventually dividing the company in two: a personal computer and publication busines headed up by EVP Dion Weisler, and HPE, an information technology companionship, where she held her post as CEO.
Late last year, the company thinned out farther by selling its OpenStack and Cloud Foundry resources to German firm SUSE. Earlier this year, it spun off most of the rest of its standing initiative software business, the last loitering section of a 2011 Autonomy acquisition, which was regarded as the most recent in a long boundary of shameful moves for the company.
Whitman’s impact on HP has largely been seen as a stabilizing force-out for a company that was moving in the wrong guidance at a rapid time. Her precede, Leo Apotheker, was simply in the capacity for about a year — at the time, the company had a much more difficult time experiencing something nice to say about its ex-boss, stating, “We very much revalue Leo’s efforts and his assistance to HP since his appointment last year. The timber is therefore of the opinion that the job of the HP CEO now requires additional dimensions to successfully execute on the company’s strategy.”
Whitman has hitherto served as its chairperson and CEO of eBay, thriving the online auction place from 30 hires in 1998 to 15,000 by the end of her tenure.
“I’m fantastically proud of all we’ve attained since I joined HP in 2011. Today, Hewlett Packard moves forward as four industry-leading companionships that are each well positioned to win in their respective sells, ” Whitman said in a statement tied to this afternoon’s report. “Now is the right time for Antonio and a new generation of leaders to take the reins of HPE. I have huge confidence that they will continue to build a great company that they are able to thrive well into the future.”
Back in July, Whitman was floated as a replacing for Uber CEO Travis Kalanick, ultimately batting away such rumors, territory, “We have a lot of work still to do at HPE and I am not going anywhere.” That’s still reasonably true-blue here — Whitman will stay on as a member of HPE’s board of directors. She hasn’t announced any proposals beyond that.
The large-scale bulletin comes the same day HPE reported its quarterly earnings, in which the company acted slightly greater than psychoanalyst beliefs.