HP Names New CEO
The Board of Directors of HP announced the election of Léo Apotheker as chief executive officer and president.
Apotheker, who previously served as CEO of SAP, also will join HP's board. The board also elected Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers, as a new member of the board and designated him as non-executive chairman. Both elections are effective Nov. 1.
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