HP change their CEO

After much speculation HP have appointed a new CEO to take them forward. The old CEO – Mr Apotheke – was in post for about a year and the one before that not a lot longer. The new CEO Meg Whitman is a lady with a long and illustrious history at Ebay who was recently appointed to the board at HP. It will be interesting to see what she does with the PC division as apparently several manufacturers had been tentatively approached to buy it, this wasnt successful so they considered setting it up as a seperate division because the company wanted to go into high margin services. Strangely enough I would have thought that the ink and toner business was about as high margin as you could get