Hewlett-Packard CEO acquires Atherton 6BD for $7M

Leo and Liliane Apotheker bought a six-bedroom, 8.5-bath at 72 Ralston Road in Atherton from Kevin and Susan Coyne for $7 million on Dec. 30.

The Coynes paid $7.99 million for the property in Nov. 2004. The 6,280-square-foot home in West Atherton was built in 1999. It is located in the Selby subdivision.

Mr. Apotheker is CEO and president of the Palo Alto-headquartered information technology corporation Hewlett-Packard Co. He joined Hewlett-Packard Co. from SAP, where he started in the sales division and became co-CEO in 2008 and CEO in May 2009.

He studied economics at the Hebrew University of Jerusalem.

The Coynes previously sold a home at 165 Patricia Drive in Atherton for $4.075 million in June 2003.

According to BlockShopper.com, there have been 102 home sales in Atherton during the past 12 months, with a median sales price of $3.2 million.

Address: 72 Ralston Road
Buyer(s): Leo Apotheker and Liliane Apotheker
Seller(s): Kevin K Coyne and Susan B Coyne
Sale date: Dec. 30, 2010

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