![[NEWS] CIO Randy Mott Leaves HP](https://b3462738.smushcdn.com/3462738/wp-content/uploads/2024/10/11464337.jpg?lossy=0&strip=1&webp=1)
[NEWS] CIO Randy Mott Leaves HP
Saw this tweet by Thomas Wailgum yesterday:
This is pretty big news, as Mott was, for the most part, considered a successful executive. But as Wailgum suggests, perhaps we was too rich for HP CEO Leo Apotheker’s taste?
It’s anyone’s guess as to impetus, but he was expensive. From data compiled in 2009 from publicly-filed SEC documents, Mott was indeed pricy, topping a list of CIOs from Fortune 1000 companies, coming in at $28.3M in annual compensation. The next on the list? Same Leno from Boston Scientific at $8M/year.
CIO.com UK has more information, part of which is IDC analyst Crawford Del Prete proffering Mott’s leaving has to do with overall restructuring at HP per Apotheker’s vision more than anything else:
Regarding Mott, Del Prete said with the build phase of the IT consolidation largely over, it now looks like HP wants to combine the role of the CIO with the chief administrative officer, “and that’s why I think he is leaving.”
It’s hard to tell exactly what drove this – most likely a combination of factors – but when a senior executive leaves ‘effective immediately’, it’s hardly ever good.
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More links:
MIPRO Consulting main website.
