Ann Livermore, the respected Hewlett-Packard veteran once considered a prime CEO candidate, is relinquishing day-to-day responsibilities and will take a seat on the HP board. Here’s HP’s official statement .
Leaving HP entirely are Randy Mott, CIO and Peter Bocian, chief administrative officer or CAO.
This is just the latest in a series of executive departures (forced and not) kicked off by last summer’s surprise exit of CEO Mark Hurd and HP’s subsequent hiring of Leo Apotheker as CEO.
Sources close to HP said that Apotheker’s entrance–along with what many term a dysfunctional relationship between the board and HP execs, fuel continuing anxiety at the company. A number of other key execs were also reportedly eyeing the exits but at least one stayed after HP sweetened the pot. By a lot.
According to the HP statement, released Monday:
“Elevating businesses most critical to customers and which play a key role in delivering on the opportunities the company sees as the IT industry evolves, Dave Donatelli, executive vice president, Enterprise Servers, Storage, Networking and Technology Services, and Bill Veghte, executive vice president, Software, will now report directly to Léo Apotheker, HP chief executive officer and president, giving their respective units greater visibility and support throughout the entire HP organization. Similarly, Jan Zadak, executive vice president, Global Sales, also will report to Apotheker, facilitating efforts to better leverage the full HP portfolio to deliver integrated solutions for customers and partners. “
In another point that many will scrutinize, Todd Bradley, the executive vice president of HP’s Personal Systems Group will “lead cross-business initiatives focused on expanding HP’s market share in China and Vyomesh Joshi, the near-legendary head of HP’s printing group, “will lead similar efforts in India.”
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