HP: Does Whitworth Make a Difference?
Hewlett-Packard, the No. 1 computer services company, has elected Ralph Whitworth, a well-known activist investor to its board, its first election since new CEO Meg Whitworth was elected Sept. 25.
Will it make a difference?
Whitworth, 56, has made differences before, including in the technology sector. His Relational Investors bought into companies including National Semiconductor, ITT and the old Tyco International and helped shake them up.