Who'd take odds that the next step in this process will be when the board (you know, the common element in most of the goofy decisions) comes to the conclusion that it's time to throw Meg under the bus. After all, her stated goal of 5 years is past, revenue continues to decline with no sign of abating. What do you think the next "thing" will be coming from Hanover street?
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They are handsomely paid to squander our efforts.<<
Well stated. These people pop in then pop out and carry away millions from the company regardless of poor performance. All the while, WE suffer all manner of nonsense. They produce nothing.
As much as anyone would like to blame Whitman for anything, you better look at the board first. In my own opinion, this is a group of utterly useless morons!
I received my shareholders proxy card for the annual meeting of shareholders March 22.
I intend to vote NO on all board members. The stability and growth of HPE is on their shoulders and they have as a group failed.
This is an honorarium for them, just a position for c---tail parties, no actual care or involvement.
We on the other hand have devoted our lives and careers to HP and Compaq only to be disregarded by novices in the tech world.
We have much of our savings in the 401k and a big stake in the company. HPE success matters to us.
They are handsomely paid to squander our efforts.
Amazing people with so much education, stature and experience act like 4 year olds when it comes to running or improving a business, its people and its future. Where are the real leaders. Answer they are hiding. Why because they do not want to deal with idiots like Meg Whitman and/or her people. Good Luck. Even the Duke Bros were better than they are.
I give Meg 2 more quarters of "patience" from the stakeholders. If numbers don't improve by then (real YoY revenue - not just more "artificial" cost structure benefits such as layoffs) then she will be forced out... and she'll be super happy getting out of this mess with a mega $s parachute.
Time for Meg to leave. The fundamental issue is her passion not her ability. Face it! She has absolutely no interest in the latest technology. She wants to be a politician.
I believe she'z as good as gone! Meg was planning on leaving anyhow...for a cabinet position with either RINO Christie and or Hitlary Clinton. It won't hurt her feelings, she'z already reaped millions. She will exit the last half of the fiscal.
@rpj
I'm not so sure. Apotheker appeared to me at least to have been toppled by a Whitman led coup. Whitman bein already on the Board, so come April Lawrie needs to look out at DXC as does she at the barely smouldering remains of HPE.
Dream on. These CEOs all pack their boards with their cronies who would never turn on them. Our board members each cash in $200K in stock each year for doing nothing but rubber-stamping Meg's decisions.
Besides, who on our board is bright enough to see through Meg's BS? They really think we have a "strategy" and we just failed in "execution" because of "headwinds"?
Sigh.... she would probably then turn her focus to her "duties" on the board of DXC (Dixie) and help make that worse than it could already be.
The poor love will be the victim of a modern day 'Night of the long knives' at some point.
She will walk away with $millions.
My heart will bleed purple pi55 for her loss
That eBay scenario was just "right place at the right time".