Sep. 23, 2011 at 1:25 PM ET
Hewlett-Packard’s new CEO Meg Whitman appeared on CNBC Friday to discuss her appointment.
The technology giant announced late Thursday the former eBay CEO will replace Leo Apotheker, who had been on the board for just 11 months at the head of HP. Chairman Ray Lane said Apotheker was replaced because the company had performed poorly, and because the company’s strategy wasn’t communicated well.
Analysts have given Whitman’s appointment a lukewarm reception, noting her lack of experience in the enterprise business.
Whitman said she wants to rebuild investor confidence, and she plans to improve leadership at the high-tech company, calling it H-P's number-one challenge.
“I think the No. 1 thing that HP needs is leadership,” she told CNBC. “A focus on strategy, execution, excellence and communication. If we can get that right, the sky’s the limit for this company.”