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CNET News: Compaq CEO resigns

Written By
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Web Webster
Web Webster
Apr 18, 1999

“In move with ramifications throughout the high-tech world,
Eckhard Pfeiffer unexpectedly resigned today as Compaq Computer’s
chief executive officer.”

“The stunning top-level shakeup also included the resignation of
Earl Mason as chief financial officer of the leading PC maker.”

“… Compaq’s board of directors has formed a three-man office
of the chief executive to oversee daily operations. Chairman
Benjamin Rosen and vice chairmen Frank Doyle and Robert Ted Enloe
will maintain that office …”

“… no official reason was given for the Pfeiffer’s sudden
departure …”

“The resignations followed Monday’s surprise announcement of a
first-quarter shortfall by Compaq, which Pfeiffer blamed on
relentless price wars and other external factors in the personal
computer market.”

Complete
story
.

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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