Robert Wayman joined the Hewlett-Packard Company in 1969 as a cost accountant at its
Loveland, Colorado office, after a few years he moved to the company's headquarters at
Palo Alto, California, where he held a number of finance positions before he was appointed as the company's CFO in 1984, he then reported to former CEO
John Young. He served on the company's board of directors from 1993 to 2002, and rejoined the board in 2005. In February 2005, he was appointed an interim CEO, following
Carly Fiorina departure as a result of pressures from the board of directors; Wayman retained his finance responsibilities, and served in the top executive role until
Mark Hurd assumed the position in March 2005. The board of directors approved a $3 million bonus for his 52-day service as CEO, an unusual payout, that led to questions by some corporate governance experts and employees, but was defended by the company. On December 11, 2006, after 37 years with the company, Robert Wayman announced his retirement, which became effective on December 31. Wayman joined the
Santa Clara-based
Affymetrix board of directors on March 19, 2007, until it was acquired by
Thermo Fisher Scientific in 2016. He was a board member of
Sybase, until it was sold in 2010. He also served as director in other corporation boards, including
Con-Way Inc., He served on the board of the nonprofit V Foundation for Cancer Research. He was a member of the Advisory Board to
Northwestern University's Kellogg School of Management. ==References==