HP Chooses a New Chief Executive

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HP has picked a new chief executive officer and president.

In early February, Carly Fiorina was abruptly removed as chairman and CEO of this company. This came as a result of a dispute with the Board of Directors, which was attempting to reduce her role in the company.

Yesterday, HP’s board unanimously selected Mark Hurd to replace her.

HP CEO Mark Hurd Hurd, 48, is leaving a long career at NCR Corp. Most recently he spent two years as NCR’s president and CEO. Previously, Hurd served three years as president and CEO of the company’s Teradata division, which he built to be a global leader in enterprise data warehousing, analytic applications and data warehousing services.

Hurd said, “HP is one of the world’s great companies, with a proud history of innovation, outstanding talent and enviable positions in many of its product lines and services. It’s a great honor to join its leadership team and have the opportunity to build on its success.”

Patricia Dunn, HP’s non-executive chairman, said that the HP board unanimously selected Hurd based on his track record leading a complex organization, as well as his strong executive and personal qualities.

At this point, there’s no way to know exactly what effect Hurd will have on the direction of HP’s future handhelds.

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