The executives of Hewlett –Packard went out of their ways to convince investors that company is fully tracked while the biggest technology company announced its quarterly results without CEO Mark Hurd announcing it for the first time in the last five years
The chief financial officer of HP, Cathie Lesjak has become the head of the company as a stop-gap measure after the departure of Hurd.
She is working in the company for the last twenty four years, according to her, the figures achieved by the company which are way above their expectations in its last quarter clearly indicated that the strategy etched out by Mr. Hurd was paying off and would continue to do so.
She very boldly expressed that whoever be the successor of Hurd he ore she whether from inside the company or an outsider need not have to change any basic thing. She told reporters when the strategy gives HP the desired results it needn’t be changed.
CEOs however have their own mind sets to run the company in the direction in which they want and for that HP’s future can see a different course.
There are debates amongst investors, pedantic and technology professionals regarding the nature of the leader which is needed by HP.
The four HP directors who forms the board’s search committee, and whose opinions are of utmost importance are still undecided. According to a person close to the matter the directors would not appoint anybody who will have Mark Hurd’s approach in running the company.
According to outsiders like Mark Maskowitz from JP Morgan Hp needs somebody with vision who has the capacity to transform it so that it will be able to generate revenue growth faster than the prevailing rate of the industry.
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