HP to focus on boosting business in India, China
Thursday, 16 June 2011, 22:02 IST
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NEW YORK: Unveiling strategic changes, Hewlett-Packard has said it would focus on initiatives to boost its business in India and China and also announced the elimination of the Chief Administrative Officer post. The technology major has also inducted Ann Livermore -- who has been running HP's enterprise business -- to its board, HP said in a statement. These moves come at a time when HP is looking at ways to bolster its businesses, especially in the fast-growing markets including India and China. "Both China and India are critical markets to HP, and the company will increase its dedication to supporting these market," HP said. Ads by Google The company said, in addition to their existing global business leadership roles, Todd Bradley, a personal systems executive, will lead cross-business efforts to focus on expanding HP's market share in China. Imaging and printing group executive Vyomesh Joshi will lead a similar effort in India. Among the changes, HP said it would eliminate the chief administrative officer role, resulting in Pete Bocian leaving the company effective immediately. While the tech firm would broaden the role of its chief information officer. In addition, Randy Mott, executive vice president and chief information officer, is also leaving HP effective immediately. The company said it would conduct a search for a successor. Besides, Livermore who has been appointed to the HP board and will step down from her day-to-day management of the division. Livermore, a 29-year veteran at HP, would continue to serve as interim lead for the company's Enterprise Services and sponsor certain key accounts until a new services leader is named. Dave Donatelli, executive vice president, Enterprise Servers, Storage, Networking and Technology Services, Bill Veghte, executive vice president, Software and Jan Zadak, executive vice president, Global Sales, will report directly to Leo Apotheker. The moves reflect HP Chief Executive Officer Leo Apotheker's aim, outlined in March to bolster revenues through expanding its business in software, cloud computing services and international sales. Last month, HP reduced its 2011 outlook last month as the company struggles with computer sales.
Source: PTI
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