HP: Breaking up is hard to do

Mark Hurd, who will take over the reins at floundering tech giant Hewlett-Packard on Friday, was grilled by analysts Wednesday about whether he plans drastic restructuring of the company.

Hurd, formerly the chief executive officer of NCR (Research), was named CEO on Tuesday. During an introductory conference call with the financial community Wednesday morning, Hurd stressed that his primary goal is to repair the problems at HP (Research), and not necessarily break up the company. "You talk about problems but there are a bunch of opportunities at the same time," Hurd said in response to one question about strategy. "I want to get underneath every piece of the business and will be focused on doing my best to optimize each part."

News source: CNN

Report a problem with article
Next Article

Grokster File-Sharing Case Hits The Supreme Court

Previous Article

Apple, Microsoft prepare for war with new systems

-1 Comments - Add comment