Léo Apotheker Named CEO and President of HP

PALO ALTO, CA—Sept. 30, 2010—The Board of Directors of HP today announced the election of Léo Apotheker as CEO and president. Apotheker, who previously served as CEO of SAP, will also join HP’s Board of Directors. The board also elected Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers, as a new member of the Board and designated him as non-executive Chairman. Both elections are effective November 1.