PayPal’s CEO Change Blindsided HP’s Board
An anonymous reader shares a report: PayPal said on Tuesday it was booting its CEO and replacing him with its board chair Enrique Lores, sparing no ambiguity as to why: “The pace of change and execution was not in line with the Board’s expectations,” it said in a statement. One group that was blindsided was HP, where Lores was until Tuesday serving as CEO, according to people familiar with the matt … ⌘ Read more