Meg Whitman Named to Run HP

Meg Whitman made her first public appearance as Hewlett-Packard Co.’s new chief executive during a call with analysts Thursday afternoon. Whitman told the gathering about her plans for the company’s future, why her hiring was good for investors, and the prospect of an uphill battle to restore the company to financial health. HP’s stock was down nearly 4% in early trading Friday, as investors apparently remain skeptical about the company’s prospects. Here are a few of her statements. Meg Whitman Named to Run HP On whether HP’s decision to hire her was too hasty: I think the way we have to rebuild the confidence of investors, the confidence of employees, is we have to execute. We have to say what we’re going to do. We have to mean it, and we have to deliver the results. In the end, the only thing that will rebuild confidence in this company is delivering the results, and that’s what I intend to do. Meeting the challenges: Now, I know that HP has disappointed investors in recent quarters, and we’re not happy about it. Going forward, HP will have no …

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Meg Whitman Named to Run HP