SAN JOSE, CALIF. - In its biggest board shake-up since the 2006 scandal over "pretexting" reporters' phone records, Hewlett-Packard Co. on Thursday named five new directors -- including former eBay Chief Executive Meg Whitman -- while announcing that four current board members will not stand for re-election.
The changes come as the world's largest tech company appears determined to move into a new era after last summer's ouster of former CEO Mark Hurd, in a scandal over his personal relationship with a part-time marketing contractor. HP's board named a new CEO, veteran software executive Leo Apotheker, and a new board chairman, Ray Lane, last fall.
HP directors Joel Hyatt, John Joyce, Robert Ryan and Lucille Salhany will not seek re-election to the board at the company's annual shareholder meeting in March, the company said in a statement.
HP also announced that its new directors will include Whitman, who ran unsuccessfully for California governor last year; Shumeet Banerji, the CEO of Booz & Co.; Gary Reiner, a former executive at General Electric Co.; Patricia Russo, a former CEO of Alcatel-Lucent, and Dominique Senequier, CEO of AXA Private Equity.
Distributed by McClatchy-Tribune Information Services.
