HP Moves Enterprise Chief To Board in Shake-Up (NewsFactor)

Let the shake-up begin. In a move to more closely align its corporate structure with the strategy it announced in March, Hewlett-Packard is making sweeping organizational changes. The company said the goal is to increase transparency, sharpen focus, enable synergy, and position HP for market opportunities.

As part of the shake-up, Ann Livermore is joining the HP board of directors. After serving HP for 29 years, Livermore will step down from her day-to-day management of HP Enterprise Business. HP also has appointed executive sponsors for two of its most important growth markets.

"Ann's distinguished role as a leader of our largest business, deep relationships with our most important customers, institutional knowledge of the company and its employees, and insights on the technology industry will be tremendous assets to our board of directors," said Ray Lane, nonexecutive chairman of HP's board. "On behalf of HP's 320,000-plus employees, I would like to congratulate Ann on her election and offer our heartfelt gratitude for her long service and dedication to this company."

Executive Shake-Ups

In other changes, Dave Donatelli, executive vice president of HP's Enterprise Servers, Storage, Networking and Technology Services, and Bill Veghte, executive vice president of HP's Software division, will now report directly to HP CEO L?o Apotheker in a move to drive transparency in customer-facing businesses. Similarly, Jan Zadak, executive vice president of HP's global sales, will report to Apotheker, facilitating efforts to better leverage the full HP portfolio to deliver integrated solutions for customers and partners.

HP is eliminating the chief administration officer role and broadening the role of chief information officer. Pete Bocian, executive vice president and chief administrative officer, is leaving HP. Randy Mott, executive vice president and CIO, is also leaving HP, effective immediately. The company will conduct a search for a successor.

In other moves, Todd Bradley, 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, executive vice president for the imaging and printing group, will lead similar efforts in India.

Livermore's CEO Speculation

"You expect the new executive to come in and take a look around and see who is doing the work, how they are progressing in their jobs, and which of the existing executive core really fits in with the strategy that the new guy has in mind," said Charles King, principal analyst at Pund-IT. "It's also reasonable to expect Apotheker to make hires that he feels are either better aligned with his strategy or can provide him higher-level support than he might receive from the old guard."

One area of concern for HP is its services division. Services continues to grow, but at a slower pace than its competitors' service groups. The buck on the services division stopped at Livermore's door. For that reason, King said, Apotheker may have decided it was time to hand the day-to-day running of the enterprise business to others.

"Livermore's service to the company has been so steady and has been so sterling in so many ways that an outright firing is not something the board of directors would have sanctioned or approved," King said. "She was mentioned as a potential CEO candidate back when Carly Fiorina came to town. With so much musical chairs going on in the CEO seat at HP over the last 10 years, it's worth speculation as to what might have been with Livermore at the helm."

Source: http://us.rd.yahoo.com/dailynews/rss/enterprise/*http%3A//news.yahoo.com/s/nf/20110614/bs_nf/78954

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