HP CEO Neri Has Covid-19
SAN FRANCISCO: The CEO of Hewlett Packard Enterprise, Antonio Neri has tested positive for coronavirus and is working from home.
On a message on LinkedIn, Neri said, “Yesterday I tested positive for Covid-19. The good news is, I feel much better already, and plan to proceed with business as usual while I quarantine from home.”
Neri’s confinement does not come at a good time for HPE, as it Q2 results revealed a 16 per cent year-on-year decline in revenue.
The company reported a net loss of $821 million in the quarter, prompting a cost-cutting exercise that will see Neri himself and his senior lieutenants taking a 25 percent base salary cut for the rest of the fiscal year.