SHARE
Facebook X Pinterest WhatsApp

Quick Facts About HP’s New CEO

NEW YORK, Sept 30 (Reuters)– Hewlett-Packard Co (NYSE:HPQ) announced that Leo Apotheker, 57, would be its new chief executive. Here’s a look at Apotheker’s past. Apotheker was born Sept. 18, 1953 in Aachen, Germany to parents who were Holocaust survivors. He was initially named co-chief executive of German software company SAP with Henning Kagermann in […]

Oct 1, 2010
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

NEW YORK, Sept 30 (Reuters)– Hewlett-Packard Co (NYSE:HPQ) announced that Leo Apotheker, 57, would be its new chief executive. Here’s a look at Apotheker’s past.

  • Apotheker was born Sept. 18, 1953 in Aachen, Germany to parents who were Holocaust survivors.
  • He was initially named co-chief executive of German software company SAP with Henning Kagermann in April 2008 and continued when his counterpart retired in 2009.
  • He was the first executive unable to write software code promoted to SAP’s top spot. His background is in sales, management and strategy.
  • He led SAP’s $7.5 billion acquisition of business intelligence maker Business Objects, agreed in 2007 and completed in 2008. It was SAP’s first major acquisition.
  • Some analysts have said SAP lacked a clear, cohesive strategy under Apotheker.
  • Under Apotheker’s reign, SAP had its first round of major job cuts — some 3000 staff — in January 2009.
  • Apotheker suddenly stepped down as SAP’s CEO in February 2010 amid investor dissatisfaction.
  • Apotheker graduated in International Relations and Economics from the Hebrew University in Jerusalem.
  • Before joining SAP, he served as a managing partner at ABP Partners, a consulting firm that focused on the restructuring of ailing software companies.
  • Fluent in five languages — Dutch, English, French, German, and Hebrew — Apotheker has lived in Germany, Israel, France and Belgium.

(Reporting by Liana B. Baker; Editing by Bernard Orr)
 

Recommended for you...

June Roundup: M&A Moves Across the Shifting Channel Landscape
Jordan Smith
Jul 7, 2025
Leadership Roundup: New CEOs Highlight June Moves
Jordan Smith
Jul 2, 2025
Workspan AI Looks to Solve Channel Ecosystem Complexity
Victoria Durgin
Jun 25, 2025
May Roundup: Mergers and Acquisitions From Around the Channel
Jordan Smith
Jun 2, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.