HP Shakes Up Deputy Ranks, Posts Q3 Loss


Bangalore: HP CEO Meg Whiteman is to do a shakeup in deputy ranks again, and has also reported an 8 percent decline in revenue for third quarter saying all of its major divisions except software did not perform well, reports The Age.

Chief operating officer Bill Veghte will replace Dave Donatelli as head of HP's enterprise group, and also Henry Gomez, chief of communications, will now be chief marketing officer, replacing Marty Homlish. Donatelli and Homlish will be given new roles, the anonymous sources said, as the current reshuffle was not made public yet. The last reshuffle happened in June, where Whiteman moved Todd Bradley, the head of the PC and printer division to another job.

The shareholders are expressing dissatisfaction with the company’s performance after three years of management upheaval, strategic shifts and slow growth that eventually hammered the shares and complicated HP’s revival efforts.

Donatelli is leaving his job after prolonged tensions with Whitman, the sources said. Under Donatelli, HP’s enterprise group recorded almost $31 billion in sales last year in computer servers, data-storage devices and networking equipment.

Donatelli joined HP in 2009 after his 22 years career at EMC Corporation, where he held a variety of Management, Operational, Sales and Marketing positions.

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