Five outsiders who could lead Hewlett-Packard
Having gone through a rash of CEOs in the past 10 to 15 years, Hewlett-Packard may soon find itself looking for yet another new chief, despite just tapping Meg Whitman for that job this week.
HP's announcement Thursday that board member Whitman would replace Leo Apotheker came under fire from some observers who believe that the company should have named an interim leader and conducted an executive search.
"We would view any decision not to conduct a comprehensive search of internal and external candidates for a permanent CEO role as unsatisfactory and unnecessarily hasty," analyst firm Sanford Bernstein wrote in a research note this week before Whitman was named. "We also believe that shareholder reaction to Whitman as a permanent CEO would be mixed." Read more...
iPhone 5 release date delay, iPad 2 freeze: Foxconn factory fire
Herman Lai tells the truth:
At the scene, there are currently more than 10 fire engines, ambulances and 10 police cars. ... The explosion occurred in a “polishing plant” ... due to a special ... super-light dust ... used to clean the screens of the iPads. It is flammable ... someone was smoking. ... [But] the Chinese police initial investigation ... ruled out human factors.
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All we can see is smoke everywhere. ... A witness told the [TV] reporter that the explosion happened at [7.10am EDT]. ... The reporter was told to stay away ... because there might be a second explosion. ... The explosion happened in A5 building ... the production line of iPad 2. ... This tragedy will have a great impact on the iPad 2 production line.
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Two people were killed and 16 injured, 3 seriously. Read more...
