Doubt may now be the default for assessing Hewlett-Packard's choice of CEOs.
After the ousting of Leo Apotheker, and before that Mark Hurd and Carly Fiorina, HP's board looks shaky when it comes to appointing its top executive.
It was no surprise then that financial analysts were tough on HP's board during a conference call Thursday to hear why Meg Whitman, the former CEO of eBay, was picked as HP's new leader. They wanted details about the selection process and the timeline behind the decision to replace Apotheker.
Ray Lane, HP's executive chairman, was on the defensive about the board's decision-making and, at one point, his frustration showed. Read more...