HPE shares skid after announcement in which Meg Whitman can be stepping down

Whitman joined Hewlett-Packard in 2011 in addition to oversaw the company’s split into two brands. She remained as CEO at the newly streamlined HPE, prioritizing cloud services in addition to spinning off product in addition to consumer hardware to HP Inc.

Whitman can be leaving a decidedly different company than the one she joined six years ago, having pushed for the company’s split.

“I believe the future belongs to the fast,” Whitman said. “in addition to This particular was just too big in addition to too cumbersome in addition to competed in too many markets to do the very best job in all of them.”

Her tenure at HPE saw a ramping up of acquisitions — eight inside the last two years, she told CNBC.

Neri has been with the company since 1995, working his way up to the company’s top ranks. Whitman will remain on the board in addition to Neri will join This particular, the company said.

“[Neri] in addition to I have been joined at the hip in deciding about those acquisitions,” Whitman said. “He’s been definitely my right-hand executive for well over four years.”

Whitman said she can be not sure of her next step, nevertheless in which any next CEO position could have to be “exactly the right opportunity.”

She reportedly spoke to Uber about a CEO position after the ride-hailing company booted founder Travis Kalanick in June. The company selected Dara Khosrowshahi.

Whitman told analysts Tuesday in which she’ll be taking a little downtime in addition to said there’s “no chance” she will join a competitor to HPE or HP.

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