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Capellas steps down from HP
News Hewlett-Packard president Michael Capellas is leaving to "pursue other career opportunities," the company said on Monday. The news comes amid reports that Capellas is the favourite to take over as WorldCom chief executive.
[November 11, 2002, 15:08]
IT Forum: Compaq's Capellas knows his place
News Compaq's new CEO, Michael Capellas may have been awed by the presence of his younger counterpart at the opening of the IT Forum in Paris this morning. Giving a keynote immediately before Dell CEO Michael Dell, Capellas took a self-deprecating...
[September 13, 1999, 12:21]
The Day Ahead: Compaq wins credibility back, now must grow
News It took a year, but Compaq chief exec Michael Capellas has won the company's credibility back by doing the basics. If year one was about credibility, Capellas' second year on the job will be about regaining market share and growing the company.
[July 26, 2000, 12:11]
Compaq reassures resellers
News Kicking off a three-day fest in Chicago, Compaq Computer Corp.s new CEO and President Michael Capellas told U.S.and Canadian distributors and resellers that Compaq has a place in its future strategy for them.
[August 5, 1999, 9:14]
The Day Ahead: Compaq sheds 'show me' status
News Capellas said Compaq hedged the euro for the fourth quarter so it "could get on with business". Chief executive Michael Capellas won Compaq's credibility back, but the company was still mired in single-digit growth.
[October 25, 2000, 13:21]
Houston, we have a merger
News There was a lot of advertising," Capellas said. An ebullient Compaq chief executive Michael Capellas said in a conference call after the meeting that shareholders appeared to have voted 9-to-1 in favour of the deal, adding that soon the heavy...
[March 21, 2002, 8:35]
Fiorina: Tight budgets to be an IT reality
News In a keynote speech here at the OracleWorld trade show -- her first public appearance since Monday's resignation of HP president Michael Capellas -- Fiorina addressed the two-year market retraction that has beaten down the IT industry.
[November 15, 2002, 9:07]
HP strives to be premier tech provider
News Taking on the good-cop role, Capellas accented HP's strengths and said the new company will be able to capitalise on current technology transformations. In back-to-back speeches at HP's Cupertino, California offices on Tuesday, chief executive...
[May 8, 2002, 9:16]
Compaq posts third-quarter loss
News There's no question that pricing got particularly heavy during the quarter," Compaq chief executive Michael Capellas said during a conference call with analysts. We do not anticipate dramatic changes in corporate IT spending, particularly through...
[October 24, 2001, 12:11]
Summer fling turns into deal for HP, Compaq
News Carly called about us licensing some technology, and I said if we license this, we could also license something else," Capellas said during a conference with press and financial analysts. Fiorina and Capellas met 18 months ago while attending a...
[September 5, 2001, 14:46]
Compaq to buy back up to $1bn of shares
News At current price levels, we believe Compaq's stock offers a tremendous investment opportunity for the company," Michael Capellas, Compaq's chief executive, said in a statement. On Thursday, Capellas issued a memo to employees in an attempt to calm...
[December 1, 2000, 15:57]
Alpha proved costly for Compaq
News The same day, the Wall Street Journal leaked a memo Capellas sent to employees in which he stressed the company's plans to focus on boosting its software and services businesses, raising questions about the future of the company's core hardware...
[June 28, 2001, 9:48]
HP to buy Compaq for $25bn
News Capellas and four other Compaq board members will join HP's board. Added Capellas: "With this move, we will change the basis of competition in the industry. Carly Fiorina, chairman and chief executive of HP, will become the new company's chairman...
[September 4, 2001, 6:34]
Compaq soars past 3Q estimates
News Our results clearly demonstrate our tremendous momentum in the marketplace," said chief executive Michael Capellas in a prepared release. Looking forward, we expect continued strong revenue growth," Capellas said in the release.
[October 25, 2000, 10:17]
Hewlett blasts HP-Compaq integration
News Neal also cited emails from Compaq chief financial officer Jeff Clarke and chief executive Michael Capellas indicating that initial plans from the business units were low. In addition, Neal cited personal journal entries from Capellas questioning...
[April 24, 2002, 7:32]
HP-Compaq: Both PC brands will stay
News When we had a choice between two products, market share wins unless you give me some awfully compelling reason," said HP President, and former Compaq chief executive, Michael Capellas, describing the strategy last week.
[May 7, 2002, 17:31]
Intel to buy Alpha chip operation
News In an internal memo to employees dated 12 June, chief executive Michael Capellas outlined a new strategy to transform Compaq. Calling it a "major shift" for the company, Capellas said the goal is to make Compaq "the leading IT solutions provider...
[June 25, 2001, 13:47]
HP to accelerate job cuts
News HP president Michael Capellas and chief financial officer Bob Wayman were among the notable speakers in Boston on Tuesday. Neither Michael (Capellas) nor I will receive a salary increase until all employees are eligible," said Fiorina.
[June 5, 2002, 10:00]
Compaq: Sales to fall, more layoffs loom
News We are committed to taking aggressive actions during this period of slow demand to make permanent improvements in our business model," chief executive Michael Capellas said in the statement. As for Compaq, Niles praised Capellas for "ruthless cost...
[July 11, 2001, 11:45]
Investments deflate Compaq profit in 4Q
News Fourth-quarter results demonstrate the wherewithal of Compaq's enterprise and services businesses, which accounted for 90 percent of the operating profit but just 51 percent of revenue, Capellas said.
[January 24, 2001, 8:55]
