Deals
HP Split Latest Chapter in Whitman’s Change-Filled Career
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Meg Whitman shelved plans to spin off Hewlett-Packard Co.’s personal-computer business when she became chief executive officer three years ago. Now, she’s reversing her position.
After struggling to turn around the company since becoming CEO in 2011, Whitman is adopting a plan to split Hewlett-Packard’s PC and printer divisions off from its enterprise hardware and service groups. It’s a scenario she rejected as recently as last year, saying more time was needed to restore the company’s stature as the innovator that put Silicon Valley on the map.