HP chairman resigns due to ill health

It's another change at a company that's battling to get back on track

Ralph Whitworth, who'd been chairman of Hewlett-Packard for just over a year, is resigning from his job for health reasons, HP said on Tuesday.

Whitworth became interim chair last April when Ray Lane stepped down. His resignation is effective Wednesday, and HP's board will discuss a replacement at its next meeting, the company said.

Whitworth is an activist investor who holds a big financial stake in HP. He was given a seat on its board in 2011 in return for agreeing that his firm, Relational Investors, would not launch a proxy battle to take over the company.

It's another change for HP just as the company is showing signs of getting back on track. Last April, two of its directors resigned in the fallout from HP's botched acquisition of Autonomy. Since then it has looked relatively stable.

In a press release, Whitworth said HP has made "enormous progress" in getting itself back on track. "HP's shareholders can be very confident that [CEO Meg Whitman], her team and the current board will stick to the strong practices and discipline we've put in place," he said.

HP didn't give details about Whitworth's health, but news reports said he has throat cancer.

HP grew its profit last quarter thanks partly to an uptick in its PC business, but it's also slashing up to 16,000 more jobs to reduce costs.

James Niccolai covers data centers and general technology news for IDG News Service. Follow James on Twitter at @jniccolai. James's e-mail address is james_niccolai@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business issuesHewlett-Packardhardware systemspersonneldesktop pcs

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

James Niccolai

IDG News Service
Show Comments

Essentials

Mobile

Exec

Sony WH-1000XM4 Wireless Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?