CFO THOUGHT LEADER

806: Being Ready for the Unexpected | Marc Levine, CFO, Tanium


Listen Later

Among the many acquisitions with which Marc Levine became involved during his 25 years at Hewlett-Packard Co., it may surprise few of his former colleagues that he counts HP’s purchase of Compaq Computer as one of the tech giant’s most unusual marriages.    

However, Levine doesn’t single out HP’s purchase of Compaq due to the lively behind-the-scenes drama that accompanied it after Walter Hewlett, son of one of the HP founders, loudly voiced his opposition to the deal or the two books that a subsequent proxy battle helped to fatten.

Instead, Levine tells us that from his perspective, the unusual aspect of the Compaq acquisition had more to do with the integration of certain pieces of the business.

“On my particular team, I was the only person from HP, which was unlike in any of the other HP integrations I had previously been involved with, where there had always been more HP people,” explains Levine, who recalls spending many a night in Houston, Texas, hotel rooms beside Compaq’s headquarters.

Looking back, Levine suspects that the lack of HP representation on his team had to do with his group’s focus on the integration of Compaq’s sales team and field organization. Having in the past worked closely with the HP sales team (including a stint as a sales leader in HP’s Southeast Asia operations), Levine was perhaps better prepared than many of his HP peers to join the integration effort.

Says Levine: “I think that past experience brought me a little more credibility when I walked into the room, and I could understand better some of the things that the Compaq people were dealing with.”

Still, while HP was widely known as an engineering organization rich with technical talent, Compaq was known for having a dynamic sales organization—a standout attribute that may have led the acquiring company to give Compaq greater influence than in other deals when it came to integrating sales talent.  

Adds Levine: “It was the biggest and probably the first acquisition that I became involved with at HP. There was a lot of controversy at the time as to whether it was the right move for HP, but the integration was really about making certain that we could bring together the best of both companies.”  –Jack Sweeney

...more
View all episodesView all episodes
Download on the App Store

CFO THOUGHT LEADERBy The Future of Finance is Listening

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

117 ratings


More shows like CFO THOUGHT LEADER

View all
Accounting Best Practices with Steve Bragg by Steve Bragg

Accounting Best Practices with Steve Bragg

256 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

512 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

181 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

174 Listeners

Founders by David Senra

Founders

1,802 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,293 Listeners

Workplace Champions by Brett Knowles & Jack Sweeney

Workplace Champions

30 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,964 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

174 Listeners

CFO Weekly by Personiv

CFO Weekly

42 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

336 Listeners

Planning Aces by Brett Knowles & Jack Sweeney

Planning Aces

1 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

81 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

140 Listeners

Moneywise by Hampton

Moneywise

646 Listeners