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September 22, 2011 07:59 pm GMT

Rumor: Whitman Is In As HP Head

10172279Multiple sources are reporting/positing that Meg Whitman, former eBay head, will be sitting in the CEO seat at HP after today's market close. Current CEO, Leo Apotheker, will get a $35 million pay out and wend his merry way to his next blood-letting.HP's stock is not yet reacting to the news although it closed at a 24 last night after futzing around in the 22s for most of yesterday morning. UPDATE - A tipster writes: "Just had a meeting with our HP Regional Rep and it was disclosed that during morning conference calls HP will be announcing his resignation shortly."

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/H8rlDtW59ho/

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