HP’s New CEO Gets a $4 Million Signing Bonus

HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren’t impressed with the choice of the former CEO of software giant SAP to l…

Semiconductor Sales Growth Slower Than Expected

Global semiconductor revenue growth this year will be slower than previously expected, as weaker-than-expected demand for personal computers and other consumer-electronic devices will cause inventory to pile up, iSuppli said in…

HP Names Former SAP Chief Leo Apotheker as CEO

In a somewhat surprising move, HP went outside its walls — and all the way to Germany — to find the chief executive to replace the ousted Mark Hurd. Apotheker had stepped down as CEO of German software giant SAP in 2010.
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