HPE CEO Whitman Didn't Leave for Uber -- but She Still Might Depart This Fall

Hewlett-Packard Enterprise (NYSE: HPE) investors may have relaxed too soon.

While HPE CEO Meg Whitman won't be the new Uber CEO, sources told the Wall Street Journal that she is making arrangements to leave the company and could depart as soon as this fall. Her potential departure is a significant concern for investors because she has been the leader (and face) of the company's turnaround efforts over the past six years.

Whitman deciding to leave during her sixth year at the company would make sense, considering she laid out a five-year turnaround plan back in 2012, she might, therefore, see her job as done. Since Whitman was named HPE CEO on Sept. 22, 2011, the company's stock has risen about 36%.

Source: Fool.com