HP’s Palo Alto headquarters. HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. Courtesy of HP

Palo Alto, Calif., USA - September 22, 2011

HP today announced that its board of directors has appointed Meg Whitman as president and chief executive officer.

In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director promptly.

Meg Whitman, HP President and Chief Executive Officer Courtesy of HP

These leadership appointments are effective immediately and follow the decision that Léo Apotheker step down as president and chief executive officer and resign as a director of the company.

Raymond J. Lane Courtesy of HP

“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP,” said Lane.
“We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead. Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and markets.”

Whitman said,
“I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

Léo Apotheker Courtesy of HP

Speaking on behalf of the board, Lane said,
“We very much appreciate Léo’s efforts and his service to HP since his appointment last year. The board believes that the job of the HP CEO now requires additional attributes to successfully execute on the company’s strategy. Meg Whitman has the right operational and communication skills and leadership abilities to deliver improved execution and financial performance.”


About HP


HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society.

The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world.

More information about HP (NYSE: HPQ) is available at

http://www.hp.com  


Editorial contacts:

Mylene Mangalindan, HP
corpmediarelations@hp.com  

Michael Thacker, HP
corpmediarelations@hp.com  


Source: Hewlett-Packard Corporation

http://welcome.hp.com/country/us/en/welcome.html  



HP Former CEOs


William R. Hewlett
(1913-2001)
Co-founded HP with David Packard.

William R. Hewlett Courtesy of HP

With David Packard, William R. (Bill) Hewlett was co-founder of Hewlett-Packard Company.

Hewlett resigned as president in 1977, and retired as chief executive officer in 1978 in accordance with his previously announced plans for management succession within HP.

He then served as chairman of HP's Executive Committee until 1983, when he became vice chairman of the HP board of directors. In 1987, he was named director emeritus, and he served in that position until his death on January 12, 2001.


David Packard
(1912-1996)
Co-founded HP with William Hewlett.

David Packard Courtesy of HP

With Bill Hewlett, David Packard was co-founder of Hewlett-Packard Company.

In September 1993, he retired as chairman of the board and was named chairman emeritus.

He served in that position until his death on March 26, 1996.


John A. Young

John A. Young Courtesy of HP

John A. Young was president of Hewlett-Packard Company from 1977 to 1992, and chief executive officer from 1978 to 1992.


Lewis E. Platt
(1941-2005)

Lewis E. Platt Courtesy of HP

Lewis E. (Lew) Platt was president and chief executive officer of Hewlett-Packard Company from 1992 to 1999.

He also served as chairman of the board from 1993 to 1999.


Carleton S. Fiorina

Carleton S. Fiorina Courtesy of HP

Carleton S. (Carly) Fiorina was chief executive officer of Hewlett-Packard Company from 1999 to 2005.

She also served as chairman of the board from 2000 to 2005.


Robert P. Wayman

Robert P. Wayman Courtesy of HP

Robert P. Wayman was interim chief executive officer from February to March of 2005.


Mark V. Hurd

Mark V. Hurd Courtesy of HP

Mark V. Hurd was chief executive officer of Hewlett-Packard Company from 2005 to 2010.

He also served as chairman of the board from 2006 to 2010.


Cathie Lesjak

Cathie Lesjak Courtesy of HP

Cathie Lesjak was interim chief executive officer of Hewlett-Packard Company from August to October 2010.


Léo Apotheker

Léo Apotheker Courtesy of HP

Léo Apotheker was president and chief executive officer from November 2010 to September 22, 2011.

He also served as a member of the board from November 2010 to September 2011.



Meg Whitman

President and Chief Executive Officer at Hewlett-Packard Corporation

Meg Whitman Courtesy of HP

Ms. Whitman has served as HP’s President and Chief Executive Officer since September 2011.

She has also served as a member of the Board of Directors of HP since January 2011.

From March 2011 to September 2011, Ms. Whitman served as a part-time strategic advisor to Kleiner, Perkins, Caulfield & Byers, a private equity firm.

Previously, Ms. Whitman served as President and Chief Executive Officer of eBay Inc., from 1998 to March 2008.

Prior to joining eBay, Ms. Whitman held executive-level positions at Hasbro Inc., a toy company, FTD, Inc., a floral products company, The Stride Rite Corporation, a footwear company, The Walt Disney Company, an entertainment company, and Bain & Company, a consulting company.

Ms. Whitman also serves as a director of The Procter & Gamble Company and Zipcar, Inc.


Source: Hewlett-Packard Corporation

http://www8.hp.com/us/en/company-information/executive-team/meg-whitman.html  



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