Just a day prior to quarterly results announcement (January 18, 2011) Apple (the company with the highest market capitalization among all technology companies) announced that its legendary CEO Steve Jobs is going on medical leave again for an unspecified time
Days later Google (the biggest search engine in the world) announced that its CEO Eric Schmidt is moving to a Chairman’s position with Larry Page taking over as CEO
Two days later HP (the largest technology company globally) announces that four of its Board members are leaving and inducted new members including two women
A day later Wipro (the third largest Indian IT company) announced that its two Co-CEOsystem is not working and replaced the two co-CEOs Girish Paranjpe & Suresh Vaswani with the 20+ year veteran Kurien as CEO from April 1, 2011
Unusual coincidence, but a clear indication of the “tough life” at the top in “technology companies” these days!