HPE CEO, Meg Whitman, has decided to step down and will leave the position by early next year. Anotonio Neri, President of Hewlett Packard Enterprise will take the new role of CEO on Feb. 1, 2018, the company announced Tuesday in an earnings call. However, both Neri and Whitman will stay on the company’s board.
“Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets. Now is the right time for Antonio and a new generation of leaders to take the reins of HPE. I have tremendous confidence that they will continue to build a great company that will thrive well into the future,” Whitman said in a statement.
Whitman joined Hewlett Packard Enterprise in 2011, and helped the company transition through a difficult period, a time when everything was moving towards Cloud. She also oversaw the split of HP into Hewlett Packard Enterprise and HP in late 2015.
During that time, Whitman was CEO of the parent company, HP, though later took the role of CEO of HPE. After the split, HPE primarily focused on enterprise solutions with servers, security, networking, data centres, as well as Internet of Things, while HP could solely focus on its printing solutions and PC business.
Whitman happens to be one of the most powerful and senior female executives in tech. Earlier, she was the CEO of eBay and helped the online retailer become an e-commerce giant.
She was even an investor at Uber, and helped the ride-hailing giant go through a rather shaky period earlier this year. Whitman was even approached by Uber to don the role of CEO, but she did not take that responsibility.
In the company’s fourth quarter earnings call, HPE announced a net income of $524 million, a percent rise compared to the same period last year.