HP has just named its new CEO and President, former CEO of SAP, Léo Apotheker. Mr. Apotheker, who was with SAP for over 20 years, will also join HP's Board of Directors. His elections are to take effect November 1st. The decision has been expected since Mark Hurd's dramatic exit in August, though Mr. Apotheker's name was not one widely circulated as being in the running. The company has simultaneously named Ray Lane as the Chairman of its Board of Directors.
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