HP Announces Leadership Changes

June 30, 2015 • Press Release

PALO ALTO, CA--(Marketwired - Jun 30, 2015) - Today HP (NYSE: HPQ) announced that Bill Veghte, Executive Vice President of HP's Enterprise Group (EG), will be departing the company later this summer to pursue a new opportunity. Since October, Bill has been leading the separation efforts for Hewlett Packard Enterprise, working closely with Chris Hsu and the Separation Management Office while continuing to manage the Enterprise Group led by Antonio Neri.

Prior to his current role, Bill served as HP's Chief Operating Officer. As COO of HP, he was responsible for helping to define HP's strategy and enabling operational excellence across the company. When he arrived at HP in 2010, he served as HP's Chief Strategy Officer and Executive Vice President of HP Software.

"From the moment he arrived at HP, Bill has made a huge difference," said Meg Whitman, Chairman, President and Chief Executive Officer of HP. "He brings energy, insight, and leadership to everything he does. I am grateful for all he did to help me lead HP through the turnaround and into the separation. I know Bill will continue to enjoy great success in the years to come."

"The decision to leave a company and people you are passionate about is never an easy one," added Bill Veghte, Executive Vice President of Enterprise Group. "It has been a privilege working with Meg and a great leadership team as we transform Hewlett Packard to help customers on their journey to the New Style of IT. HP is equipped to take the business to new heights with great leaders like Antonio Neri and Chris Hsu and the progress we have made over the last 4 years."

Antonio Neri, who has been serving as leader of EG while Bill has focused on the separation efforts, will officially take over the role as Executive Vice President and General Manager. Antonio has been at HP over 20 years working across many lines of business and in many roles. Most recently, he has worked to transform and accelerate HP's Server business. Prior to that, he led the company's Networking and Technology Services business. The EG leadership team reporting to Antonio remains unchanged.

Chris Hsu, who will assume the role of COO for Hewlett Packard Enterprise upon separation, will continue to lead Hewlett Packard Enterprise's separation efforts.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.

© 2015 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.


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