Compaq appoints CEO for Internet future
Published: 23 Jul 1999 15:00 BST
Capellas, who joined Compaq in June as COO from Oracle, received a glowing appraisal from Compaq chairman Ben Rosen. Rosen said that "in just a few short weeks, Michael has solidified our platform for profitable growth and clarified our focus on Internet-centred innovation."
According to Rosen, Capellas has the brief to increase the company's momentum towards being a Web-centred company in both product delivery and the types of products it is selling.
Ironically, it was his predecessor Pfeiffer who actually laid the foundations for the company's restructure towards an ebusiness model.
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