Ray Lane hired executive chairman L�o Apotheker steps lower as leader, ceo and director
PALO ALTO, Calif.--(BUSINESS WIRE)--Hewlett packard (New york stock exchange: HPQ) today introduced that it is board of company directors has hired Meg Whitman as leader and ceo.
"We're fortunate to possess someone of Meg Whitman's quality and experience step-up to guide Hewlett packard"
Additionally, Ray Lane has moved from non-executive chairman to executive chairman from the board of company directors, and also the board expects to appoint a lead independent director quickly. These leadership visits work immediately and stick to the decision that L�o Apotheker step lower as leader and ceo and resign like a director of the organization.
"We're fortunate to possess someone of Meg Whitman's quality and experience step-up to guide Hewlett packard," stated Lane. "We're in a critical moment and that we need restored leadership to effectively implement our strategy and make use of the market possibilities ahead. Meg is really a technology visionary having a proven history of execution. She's a powerful communicator who's customer focused with deep leadership abilities. In addition, like a person in HP's board of company directors within the last eight several weeks, Meg includes a solid knowledge of our items and marketplaces."
Whitman stated, "I'm honored and excited to guide Hewlett packard. In my opinion Hewlett packard matters it matters to Plastic Valley, California, the nation and also the world."
Speaking with respect to the board, Lane stated, "We greatly appreciate L�o's efforts and the plan to Hewlett packard since his appointment this past year. The board thinks the job from the Hewlett packard Boss now requires additional characteristics to effectively execute around the company's strategy. Meg Whitman has got the right operational and communication abilities and leadership capabilities to provide enhanced execution and financial performance."
About Hewlett packard
Hewlett packard produces new options for technology to possess a significant effect on people, companies, government authorities and society. The earth's biggest technology company, Hewlett packard includes a portfolio that spans printing, personal computing, software, services also it infrastructure in the convergence from the cloud and connectivity, creating seamless, secure, context-aware encounters for any connected world. More details about Hewlett packard can be obtained at http://world wide web.hewlett packard.com.
What is the news release consists of forward-searching claims which involve risks, questions and presumptions. If such risks or questions materialize or such presumptions prove incorrect, the outcomes of Hewlett packard and it is consolidated subsidiaries could differ materially from individuals expressed or implied by such forward-searching claims and presumptions. All claims apart from claims of historic fact are claims that may be considered forward-searching claims, including although not restricted to claims from the plans, methods and objectives of management for future procedures, including execution of growth methods, transformation initiatives and restructuring plans any claims concerning expected development, performance or share of the market relevant to items and services any claims regarding anticipated operational and financial results any claims of expectation or belief and then any claims of presumptions underlying the foregoing. Risks, questions and presumptions include macroeconomic and geopolitical trends and occasions the competitive demands faced by HP's companies the expansion and transition of recent items and services (and also the enhancement of existing items and services) to satisfy customer needs and react to emerging technological trends the execution and gratifaction of contracts by Hewlett packard and it is clients, providers and partners the security of HP's intellectual property assets, including intellectual property licensed from organizations integration along with other risks connected with business combination and investment transactions the employing and retention of key employees anticipation and presumptions relevant towards the execution and timing of growth methods, transformation initiatives and restructuring plans the resolution of pending research, claims and disputes along with other risks which are referred to in HP's Questionnaire on Form 10-Q for that fiscal quarter ended This summer 31, 2011 and HP's other filings using the Investments and Exchange Commission, including although not restricted to HP's Annual Set of Form 10-K for that fiscal year ended October 31, 2010. Hewlett packard assumes no obligation and doesn't plan to update these forward-searching claims.
� 2011 Hewlett-Packard Development Company, L.P. The data contained herein is susceptible to change without warning. Hewlett packard shall 't be responsible for technical or editorial errors or omissions contained herein.
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