
After losing several board members in April, HP announced today that it is adding three new additions to the board. Robert R. "Dob" Bennett, former president and chief executive officer of Liberty Media Corporation; Raymond E. Ozzie, former chief software architect of Microsoft
Corporation and founder of Talko Inc.; and James A. Skinner, former vice chairman and CEO of McDonald's Corporation and current chairman of Walgreen are all joining the company’s board.
HP says these additions will increase the number of HP directors from nine to 12. And HP is continuing the search for a permanent non-executive chairman. Ralph V. Whitworth will continue to serve as chairman of the board on an interim basis, following Ray Lane’s departure in April.
"In April,we made a pledge to recruit the very best, most talented leaders to HP's already
outstanding board," said Whitworth in a release. "Dob, Ray and Jim bring tremendous capital allocation, technological, operational and leadership expertise and experience to the table. I'm confident they will make enormous contributions as we support Meg and her team in
rebuildingHP by better serving our customers, strengthening our partnerships and building value for our shareholders. It's an enormously satisfying time to be part of HP, and today's announcement adds to our ability to deliver on our promises."
These additions come at a time when HP’s CEO Meg Whitman is hoping to be able to reinvigorate and turn around the company. Ozzie certainly brings some of the technology chops and expertise to the board, and Bennett and Skinner both have experience in how to operate and advise public companies.
No comments:
Post a Comment