Accessibility links

Breaking News

Hewlett Packard CEO Carly Fiorina Steps Down

One of the most powerful women in U.S. business has been forced out of her job as chief executive of the huge, high-tech Hewlett-Packard company.

Carly Fiorina stepped down Wednesday after six years at the helm, citing differences with the board of directors over the company's strategy.

HP is the world's second largest personal computer maker and operates a highly profitable printer business.

Ms. Fiorina pushed HP to merge with rival Compaq, saying the merger would bring increased scale, efficiency, and profit. But some investors and analysts say the result was disappointing.

Chief Financial Officer Robert Wayman was named interim CEO.

Some information for this report provided by AP and AFP.