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BW: Compaq Board of Directors Forms Office of the Chief Executive

“Eckhard Pfeiffer and Earl Mason Resign as CEO and CFO”

“Eckhard Pfeiffer oversaw a period of stunning growth in
Compaq’s history,” said Rosen. “All those who benefited from that
growth owe him a debt of gratitude.”

“Mr. Rosen added, “As a Company engaged in transforming its
industry for the Internet era, we must have the organizational
flexibility necessary to move at Internet speed, well ahead of the
market at any moment. We must also remain intimately connected to
our markets and customers.”


Complete announcement
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