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Was Apotheker doomed at HP from the start?

Chris Kanaracus | Sept. 21, 2011
As reports swirled Wednesday of Hewlett-Packard CEO Leo Apotheker's imminent ouster from the company after less than a year on the job, some observers suggested that if such a thing indeed comes to pass, it won't be that much of a surprise.

Apotheker has a cumulative approval rating of 58 percent, based on 297 ratings. But his rating plummeted in recent months, to 25 percent in September, according to a Glassdoor.com spokeswoman. Apotheker had a 73 percent rating in July, before the PC spinoff plan was announced in August.

In contrast, at the time Hurd left the company, his cumulative approval rating was 34 percent. Both are well below the 62 percent average approval rating for CEOs on the site, the spokeswoman said.

HP CFO Cathie Lesjak, who served as interim CEO before Apotheker was hired, logged a 55 percent overall approval rating during her short tenure.

Ex-eBay CEO and current HP director Meg Whitman reportedly is being considered for an interim CEO post should Apotheker be removed.

Asked for comment Wednesday, an HP spokeswoman said "it's the company's long-standing policy not to comment on speculation."


 

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