Friday, April 5, 2013

HP Chairman Lane resigns, Whitworth takes over for now





Hewlett-Packard chairman Ray Lane, who has come under fire from shareholders for his role in the acquisition of software company Autonomy, has relinquished his post in the No. 1 personal computer maker’s latest board shake-up.


Two other directors left as HP, which has gone through several board upheavals in the past decade, said director and activist investor Ralph Whitworth will serve as interim chairman until Lane’s replacement is found.


HP is also seeking two to three new board members, the company said on Thursday.









via Business feed http://www.scmp.com/business/companies/article/1207552/hp-chairman-lane-resigns-whitworth-takes-over-now

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