Hewlett Packard Enterprise (HPE) announced today that chief executive Meg Whitman will step down as of Feb. 1, to be replaced by Antonio Neri, currently HPE's president.
Whitman's departure comes a few months after she told investors she was "not going anywhere" -- a statement referring specifically to the CEO search that Uber was undergoing at the time. (See HPE's Whitman Says She's 'Not Going Anywhere'.)
Whitman's HPE legacy includes a massive restructuring effort that saw the company sell off its Enterprise Services and Software businesses in spin-merger deals. (See HPE Spins Services, Cuts Outlook and HPE Spins Software Business to Micro Focus for $8.8B .) The news of Whitman's departure, combined with HPE's fourth-quarter earnings release, sent HPE's stock down 7% to $13.10 after-hours.
— Craig Matsumoto, Editor-in-Chief, Light Reading