In a surprise development, HP has named former eBay CEO Meg Whitman to replace Leo Apotheker as president and CEO of Hewlett-Packard, based on disappointment in his failure to execute on the company’s new strategy. Whitman pledged support for HP’s strategy of building its enterprise software business and making a decision by the end of the year on whether to spin off its Personal Systems Group (PSG), which sells desktop, laptop and tablet computers to consumers.
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