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HP scores CEO, Compaq still searching

Hewlett-Packard names a chief exec after unprecedentedly difficult conditions in its search. Compaq is still on the hunt.


  latest developments 

Hewlett-Packard and Compaq faced a CEO market tighter than any in memory, but HP has named a new chief executive, while Compaq is still on the hunt.

"At the top 20 technology-based companies, every No. 2, 3, 4, and 5 person has been approached."

- J. Richard, head of executive pay consultant J. Richard & Company


Hewlett-Packard taps Fiorina as CEO
update After a drawn-out executive search, computer giant Hewlett-Packard taps Carleton Fiorina as its president and chief executive officer.

Compaq could announce new CEO on July 28
The computer maker is aiming to announce a new chief executive when it reports second quarter earnings on July 28, sources close to the company say.

Previous coverage
HP, Compaq in tough CEO hunt
Hewlett-Packard and Compaq face unprecedentedly difficult conditions in searching for a new chief executive.

Nextel names new CEO, reports quarterly loss
The nationwide wireless phone services provider names Tim Donahue chief executive as chairman Daniel Akerson moves to work for top Nextel shareholder Craig McCaw.

AMD reports loss as operating chief quits
Advanced Micro Devices suffers dual setbacks, announcing a second-quarter operating loss of $172 million and the departure of Atiq Raza.

Ericsson ousts CEO Nilsson
The mobile-phone maker's chairman, former CEO Lars Ramqvist, will take over as the company speeds up plans for a reorganization.