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    Former GE CEO Welch Slams HP Board

    in Hewlett-Packard



    DATE: 2010-10-06 | By Channel Insider Staff
    Article Rating:starstarstarstarstar / 1
    Article Views: 4256

    GE's enigmatic former CEO Jack Welch blasted HP's board of directors this week for their decisions around the firing of former HP CEO Mark Hurd and their hiring of a replacement, tapping ex-SAP CEO Leo Apotheker.

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    Jack Welch, former GE CEO, called HP’s board “dysfunctional” and criticized it for its handling of Mark Hurd’s resignation and Leo Apotheker’s appointment as CEO.

    Former General Electric CEO Jack Welch is the latest executive to take shots at Hewlett-Packard's board for its handling of the issue involving former CEO Mark Hurd and the subsequent hiring of Leo Apotheker as his replacement.

    During an interview with Bloomberg Television, Welch called HP’s board of directors “somewhat dysfunctional,” and that by going outside for the third time to find a new CEO, the group showed that it has done very little in developing internal executives





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