HP Appoints SAP Veteran as New CEO and President
HP Appoints SAP Veteran as New CEO and President
Posted 10/01/2010 at 5:09am
| by Paul Lilly
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Leo Apotherker, who spent more than 20 years at SAP (most recently as the Chief Executive Officer), is stepping in as the new CEO and President of Hewlett Packard, the OEM announced.
"Leo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline -- exactly what we're looking for in a CEO," said Robert Ryan, lead independent director of the Board. "After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships, and developing world-class teams."
During his tenure, Apotherker helped lead SAP to 18 consecutive quarters of double-digit software revenue growth between 2004 and 2009. HP will look to Apotherker to mimic that success as the company continues to expand globally.
Image Credit: HP
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