Meg Whitman, the CEO who oversaw the breakup of Hewlett Packard into the PC and printer business HP Inc. and Hewlett Packard Enterprise (HPE), is stepping down. She will be succeeded by HPE President Antonio Neri, who will add the CEO title on Feb. 1, 2018. Whitman will continue on as a company board member.
Whitman was appointed President and CEO in September 2011. She made her name as the CEO of eBay and was an investor in Uber. Whitman considered taking the CEO role at the latter company after founder Travis Kalanick was forced to step down in June 2017, but decided against it.
“Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets,” said Whitman in a statement. “Now is the right time for Antonio and a new generation of leaders to take the reins of HPE. I have tremendous confidence that they will continue to build a great company that will thrive well into the future.”
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Neri has been with HP since 1995 in a variety of positions. He was appointed President of HPE in June 2017 and also has been responsible for HPE Next, a program to accelerate the company’s core performance and competitiveness.
HPE shares fell more than 6% after hours on Nov. 21, according to CNBC.
