HP Introduces Future Boards of Directors for Hewlett Packard Enterprise, HP Inc.
PALO ALTO, Calif.—August 14, 2015—As HP prepares to separate into two industry-leading companies on Nov. 1, 2015, the company has introduced the expected members of the boards of directors for both Hewlett Packard Enterprise and HP Inc. Each board will include members of the current HP board, as well as several new directors chosen after a comprehensive review of personal and professional qualifications as they relate to the specific needs of the two new companies.
Upon completion of the separation, Hewlett Packard Enterprise will provide the technology solutions customers need to optimize their traditional IT, while helping them build a secure, cloud-enabled, mobile-ready infrastructure that is uniquely suited to their needs. Hewlett Packard Enterprise will be led by current HP chief executive officer Meg Whitman. HP Inc. will be a leading personal systems and printing company with a strong innovation pipeline across areas such as 3D printing and new computing experiences. HP Inc. will be led Dion Weisler, who currently runs the Printing and Personal Systems Group at HP.
The new board for each company will go into effect upon completion of the separation.
In addition, current Board member James Skinner has announced that he has resigned from the Board, effective upon completion of the separation, due to the increased workload of his new role as executive chairman of Walgreens Boots Alliance.
Hewlett Packard Enterprise
The board of directors of Hewlett Packard Enterprise will be chaired by Pat Russo, who joined the HP board in 2011 and currently serves as its lead independent director. Russo previously served as chief executive officer of Alcatel-Lucent, as well as chairman, president and chief executive officer of Lucent Technologies Inc.
In addition to Russo, the Hewlett Packard Enterprise board of directors is expected to include:
- Dan Ammann, president, General Motors
- Marc Andreessen, co-founder, AH Capital Management
- Michael Angelakis, senior advisor to the Executive Management Committee, Comcast Corp.; former vice chairman and CFO, Comcast Corp.
- Leslie Brun, chairman and CEO of Sarr Group
- Pamela Carter, former president, Cummins Distribution
- Klaus Kleinfeld, chairman and CEO, Alcoa Inc.
- Raymond Lane, partner emeritus, Kleiner Perkins Caufield & Byers
- Ann Livermore, former executive vice president, HP Enterprise Business
- Raymond Ozzie, CEO, Talko Inc.
- Gary Reiner, operating partner, General Atlantic
- Lip-Bu Tan, chairman, Walden International; president and CEP, Cadence Design Systems
- Meg Whitman, chairman, president and CEO, HP
“We set out to create two Boards with the most experienced, global-minded and diverse members we could find to help each company win in their unique markets,” explained Russo. “In addition to their collective business acumen, the new board members have worked in more than a dozen countries around the world. They will provide strong leadership and invaluable insights into international operations, market opportunities and effective governance.”
Andreessen, Kleinfeld, Lane, Livermore, Ozzie, Reiner, Russo and Whitman all currently serve as members of the board of directors of HP.
HP Inc.
Meg Whitman will chair the board of directors for HP Inc. Whitman has served as president and chief executive officer of HP since September 2011, in addition to serving as director of HP since January 2011 and Chairman of the board of HP since July 2014.
“The post-separation Boards for both Hewlett Packard Enterprise and HP Inc. comprise leaders with some of the most diverse backgrounds and professional experiences I’ve seen in my career,” remarked Whitman. “I’m confident that these boards will successfully serve the needs of both companies and their shareholders at a defining moment in time.”
In addition to Whitman, the HP Inc. board of directors is expected to include:
- Shumeet Banerji, founder, Condorcet, LP; former CEO, Booz & Co.
- Carl Bass, president, CEO and director, Autodesk Inc.
- Robert Bennett, managing director, Hilltop Investments; former president and CEO, Liberty Media
- Charles “Chip” Bergh, president and CEO, Levi Strauss & Co.
- Stacy Brown-Philpot, COO, TaskRabbit Inc.
- Stephanie Burns, former chairman and CEO, Dow Corning
- Mary Anne Citrino, senior advisor, Blackstone
- Rajiv Gupta, former chairman and CEO, Rohm and Haas Co.
- Stacey Mobley, former senior vice president, chief administrative officer and general counsel, DuPont
- Subra Suresh, president, Carnegie Mellon University
- Dion Weisler, executive vice president, HP
Banerji, Bennett, Gupta and Whitman currently serve on the board of directors of HP.
“I’m very excited to work with the new Board of HP Inc.,” relayed Weisler. “HP Inc. has tremendous opportunities and having a skilled board with a global perspective is critical to me and my management team, especially as we embark into new markets like 3-D printing and immersive computing. The chance to take in the skills of new board members is a great benefit of the separation.”
For more information and detailed biographies on each of the board members visit HP Next.
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.
Source: HP.
