Saturday, June 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Promises to Stop Reading Your Emails in Gmail
BlackBerry's Software and Services Sales Fell in Q1
Handsets Expected to be Largest Market for ICs
G.SKILL Announces New DDR4 for the Intel X299 HEDT Platform
Toshiba Open to Further Talks With Western Digital About Chip Unit Sale
Foxconn Confirms US Investment Plan
Tesla Could Enter the Music-Streaming Business
Youtube Unveils New VR180 Format
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > HP name...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 30, 2005
HP names Fiorina successor


Hewlett-Packard has selected Mark Hurd, NCR chief executive, as its next CEO, ushering in a new phase for the tech giant. Hurd's appointment comes less than two months after HP ousted its former chief executive Carly Fiorina.

Hurd will serve as president and chief executive, with Patricia Dunn retaining the chairwoman title. Hurd is expected to begin his new duties early next month.

NCR issued a statement that Hurd was resigning to take "a position with a large global technology company." His resignation is effective immediately.

"I'm very proud of what NCR has achieved during my tenure as CEO and I'm confident that with the company's leading technologies and attractive markets, coupled with the management team's focus on execution, the momentum will continue," Hurd said in a statement.

James Ringler, an NCR board member, will serve as interim CEO while the company searches for a replacement.

During the search, Hurd emerged as a clear frontrunner within the first month of the effort even though he was not well-known to HP prior to its CEO search. He was not among the candidates reviewed when HP selected Fiorina six years ago.

Hurd, 48, initially joined NCR in 1980 and rose up the ranks. He has worked as a senior sales and marketing executive and later as the chief operating officer. In March 2003, Hurd was named CEO.

The company, which last year generated $5.98bn in revenue, provides software, hardware and services for automated teller machines, data warehousing and IT services.

In the fourth quarter, NCR posted revenue of $1.79bn, a nine percent increase over the previous year. And the company generated fourth-quarter net income of $124m, up from $80m.


Previous
Next
Pioneer aims to take largest share in PDP market        All News        New Unreal Tournament details
Toshiba debuts 1 min charge battery     General Computing News      File sharing goes to the Supreme Court

Get RSS feed Easy Print E-Mail this Message

Related News
HP Debuts Omen Accelerator, Powerful Omen and Omen X Compact Desktops
HP Debuts New Premium PC Portfolio Taking On Microsoft's Surface Models
Hewlett Packard Enterprise Reveals Powerful " The Machine" Computer Prototype, Although Key Technology Is Missing
HP Patches Keylogging Bug in Laptops
New HP Zbook Laptops Take On Apple's Mac Pro
HPE to Buy Nimble Storage for $1.09 billion
MWC: HP Announces The Pro x2 612 G2 Commercial Detachable
HP Recalls More Than 100,000 Laptop Batteries
CES 2017: HP Announces Redesigned Sprout Pro, 4K PCs and Curved Gaming Display
HP Announces The Rugged ProBook x360 11 Education Edition
Hewlett Packard Enterprise Demonstrates First Memory-Driven Computer
Nokia, HP, Rumored To Release New Smartphones in 2017

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .