Leo Apotheker was the CEO of HP when the offer to purchase Autonomy Corp was made
From the article:
> It was on Whitman’s watch that the company made one of the worst tech
> acquisitions of all time, buying software maker Autonomy for $11bn. It
> wrote down the value of the purchase by a whopping $8.8bn a year later.
I think that Leo Apotheker, the previous CEO of HP before Meg Whitman, is more to blame for the purchase of Autonomy Corporation PLC than Meg Whitman is. Leo Apotheker was CEO of HP when the offer to purchase Autonomy Corporation PLC was made:
From Wikpedia:
> en.wikipedia.org/wiki/HP_Autonomy
> 18 August 2011: Hewlett-Packard announced that it would purchase
> Autonomy for US$42.11 per share. The transaction was
> unanimously approved by the boards of directors of both HP
> and Autonomy and the Autonomy board recommended that
> its shareholders accept the offer.
The takeover may have completed in the first 2 weeks Meg Whitman was CEO of HP, but the offer to purchase Autonomy Corporation PLC was made before Meg Whitman was CEO. Meg Whitman was on the HP board when the offer was made to purchase Autonomy Corporation PLC, but she was not CEO of HP then.
Here are some links that back up what I am saying:
An HP corporation announcement:
https://www8.hp.com/us/en/hp-news/press-release.html?id=1373462
>Press Release: October 03, 2011
>Topics: Financial, Strategic Focus: Software
>Print
>Share
>HP Acquires Control of Autonomy Corporation plc
From Wikpedia:
> wiki2.org/en/Léo_Apotheker
>Léo Apotheker (born September 18, 1953, in Aachen) is a German
>business executive. He served briefly as the chief executive officer
>of Hewlett-Packard from >November 2010 until his firing in September 2011. [1]
From Wikpedia:
>https://en.wikipedia.org/wiki/Meg_Whitman
>In January 2011, Whitman joined Hewlett-Packard's (HP) board of
>directors.[42] She was named CEO on September 22, 2011.[43]
Thanks,
Tom