H-P Defends Hasty Whitman Hire

Hewlett-Packard Co. fired Leo Apotheker after 11 months as its chief executive and appointed former eBay Inc. EBAY chief Meg Whitman in his place, a change unlikely to quell the turmoil that has engulfed one of the world’s largest technology companies. Questions remain over whether Ms. Whitman can manage H-P. While she grew eBay into a multi-billion dollar company last decade, it was “an Internet services company that manufactured nothing,” observed Jim Bethmann, head of the high-tech practice at recruiters Caldwell Partners International in Dallas.

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