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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| HP Inc | NYSE:HPQ | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.09 | 26 | 09:44:24 |
From May 2019 to May 2024
Hewlett-Packard Co. on Wednesday named current and former executives at companies like General Motors Co. and Comcast Corp. to sit on the boards of the two companies it will split into in November.
At Hewlett Packard Enterprise Co., which will be led by current HP Chief Executive Meg Whitman, board members are expected to include Marc Andreessen, co-founder of AH Capital Management LLC; Dan Ammann, president of General Motors Co.; and Michael J. Angelakis, a Comcast Corp. executive.
Some of the board members already sit on Hewlett-Packard's current board.
Hewlett Packard Enterprise, which will concentrate on growth as it tries to stay relevant in a corporate computing market that is being transformed by the cloud, will be chaired by Pat Russo. Ms. Russo, formerly CEO of Alcatel-Lucent, joined the HP board in 2011 and serves as lead independent director.
Ms. Whitman, meanwhile, will chair the board of the other company that will come out of the split, HP Inc. That business will focus on returning cash to shareholders while expanding into new markets such as 3-D printing and will be run by Dion Weisler, who currently heads HP's PC and printer business.
Other members of the HP Inc. board are expected to include Shumeet Banerji, the former CEO of Booz & Company Inc.; Carl Bass, CEO of Autodesk Inc.; and Robert Bennett, the former CEO of Liberty Media Corp.
Hewlett-Packard filed paperwork with the Securities and Exchange Commission for its breakup in July. The decision to divide the company in two came from the company's struggles through much of the past decade with declining revenue, corporate scandals and management changes. H-P stood on the sidelines as companies such as Amazon.com Inc. and Apple Inc. created compelling cloud computing, smartphone and tablet businesses.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
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