Whitworth has stood in as chairman of the world's largest computer maker since
It was unclear what illness prompted the resignation.
HP's board, which has been on the lookout for a permanent chairman for over a year, will discuss the appointment of a new chairman at a meeting this week, HP said on Tuesday. "While his presence would be a loss, we believe the blueprint for HP has largely been drawn up and believe HP has made meaningful progress in its restructuring and transformation," Wells Fargo analyst
But HP has grappled with turbulence in its top ranks. Lane stepped down after HP took a write-down on Autonomy, the software developer it bought for $11 billion and later accused of inflating accounts. Whitworth had led an investigation into Autonomy, whose executives have denied wrongdoing.
Force for change
Whitworth, 58, has long been a force to be reckoned with in boardrooms. Past successes included convincing
Some executives, including
He has served on the boards of companies including
While Whitworth's reputation may be outsized, his firm manages roughly $6 billion and is small compared with the likes of
"The perception is that he is the firm and that can make it more difficult," said
One investor professed support on Tuesday.
Most Popular Stories
- Scholarships Offered for Hispanic Heritage Month
- Latin America Seeks Ways to Add Value to China Exports
- Hurdles for Obama Health Law in Second Enrollment Season
- Boeing Succeeds in Early Wooing of China Airline Startups
- IS Releases New Beheading Video
- Hope Solo Sets Shutout Record in US Rout of Mexico
- Steve Ballmer Files Six-Figure Counterclaim vs. Steve Gordon
- Etsy Says 'No' to Redskins Logo, Name
- Detroit Bankruptcy: Pivotal Progress in Trial's Second Week
- Sneak Peek: A Roundup of 2015 New Models