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Published: Sun, July 30, 2017
Economy | By Melissa Porter

Meg Whitman steps down from HP Inc. board, names Chip Bergh

Meg Whitman steps down from HP Inc. board, names Chip Bergh

Whitman took the unusual step of speaking out on Twitter, saying that the Uber rumours 'had become a distraction'. "So let me be as clear as I can. I am fully committed to HPE and plan to remain the company's CEO", she wrote. "I very much look forward to working closely with Chip as our new Chairman as we shepherd HP into the future", he added.

Speculation had mounted that Whitman would be Uber's next CEO after it emerged she would be stepping down from HP's board. The same day, Whitman stepped down from Hewlett-Packard Inc.'s board, on which she served as chair.

Bloomberg reported on Tuesday that Whitman was one of six people to be shortlisted for Uber's top job.

Dion Weisler, who took the reins after the split, remains CEO of HP Inc.

The turmoil prompted investors to demand Kalanick's resignation, which he gave last month.

Whitman has turned up the volume on the the rebirth of HPE with the acquisition of four companies this year - including hyper-converged power house Simplivity and all flash superstar Nimble. She has been meeting with Uber's leadership in recent weeks, two people familiar with the matter said earlier this week. It suggests that Whitman is a candidate for the Uber CEO job, which is expected to be filled by September 2017.

AOL head honcho Tim Armstrong, former Ford CEO Mark Fields, and departing GE chairman Jeff Immelt are also said to be in the mix. The group includes ex-CEO Travis Kalanick, Benchmark partner Matt Cohler, media mogul Arianna Huffington, TPG's David Trujillo and Nestle's Wan Ling Martello.

San Francisco-based Uber was valued at almost $70 billion following a fundraising round about a year ago, making it the most world's most valuable private company, and has raised about $15 billion in venture and debt financing.

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