Compaq CEO resigns over profits

Compaq CEO resigns over profits
Alex Mayhew-Smith Eckhard Pfeiffer, CEO and president of Compaq, has resigned less than a week after his firm released a profits warning. The firm’s financial officer has also resigned in a double blow for the firm, which said recently that first quarter earnings will be half of the amount expected by analysts. Compaq’s share price fell 23 per cent following the warning.


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