HP Shakes Up Management Ranks

HP (NYSE:HPQ) is shaking up its executive ranks again just a
month after a disappointing quarter report when CEO Leo Apotheker promised a
greater focus on services and appointed HP veteran Ann Livermore to head up
that effort in the interim.

Now HP will send Livermore to its board of directors and
relieve her of her other duties once a replacement is found. Other departures
include HP’s Chief Administrative Officer Pete Bocian and CIO Randy Mott who
will both leave HP effective immediately.

HP’s Top Executives

Three executives – leaders of HP’s customer-facing
businesses — will now report directly to CEO Apotheker. They are Dave
Donatelli, executive vice president, Enterprise Servers, Storage, Networking
and Technology Services; Bill Veghte, executive vice president, Software; and Jan
Zadak, executive vice president, Global Sales.

“These businesses play a vital role in our continued growth
and success, and as such, Dave, Bill and Jan will report directly to me and
help drive the overall direction for HP,” said Apotheker, in a statement. “In
our ongoing effort to accelerate our progress in executing our strategy, we
will continue to make the necessary changes that streamline our operations,
drive focus and agility, and position us for success.”

To better serve China and India markets, HP will put two key
executives in charge. Todd Bradley, executive vice president, Personal Systems
Group, will lead cross-business initiatives focused on expanding HP’s market
share in China, and Vyomesh Joshi, executive vice president, Imaging and
Printing Group, will lead similar efforts in India.

Bradley, Donatelli, Livermore and Joshi had all been
considered internal candidates for the CEO job after Mark Hurd’s sudden
departure in summer 2010.