[BITList] rich gets richer

x50type at cox.net x50type at cox.net
Wed Dec 14 04:03:41 GMT 2011


CaptureLeo screws up HP and gets the boot after 10 months. Stocks plummet but Leo walks off with $13 million and 500 HP workers lose their jobs........................!!

ain’t capitalism grand?

ct
Léo Apotheker (born September 18, 1953, in Aachen, Germany) is the former CEO of Hewlett-Packard, having served in that position from November 2010 to 22nd September 2011,[1] and the former CEO of SAP AG, having served in that position from April 2008 to February 2010. He joined the SAP AG executive board in 2002 and was promoted to co-CEO of the company in April 2008 to ensure a smooth handover from his predecessor, Henning Kagermann, when the latter's contract with the company expired. The succession plan was communicated in the business media early in 2008, including Forbes magazine.[2] The transition received praise as an example of SAP's corporate culture, "a seemingly contradictory mix of internal consensus and competition".[3]
                     

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