HP appoints three new members to Board of Directors
New Delhi, India, July 16, 2013: HP today announced that its board of directors has appointed three new members. Robert R. “Dob” Bennett, former president and chief executive officer (CEO) 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 Co., will join HP’s board, effective today. The appointments increase the number of HP directors from nine to 12.
Over the coming months, the board will continue to search for additional world-class directors as well as a permanent non-executive chairman. Ralph V. Whitworth will continue to serve as chairman of the board on an interim basis.
In April, we made a pledge to recruit the very best, most talented leaders to HP’s already outstanding board,” said Whitworth. “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 rebuilding HP 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.
As we move forward with our turnaround, it’s a huge benefit to be able to get advice from a board made up of such experienced business and technology leaders,” said Meg Whitman, president and CEO, HP. “For their part, Dob, Ray and Jim have just about seen it all during their careers. I’m very grateful for their support, as well as the ongoing support from all of the directors.
With their addition to the board, Bennett will become a member of the Finance and Investment Committee and the Audit Committees, Ozzie will join the Technology Committee and the Finance and Investment Committee, and Skinner will join the Audit, HR and Compensation, and Nominating and Governance Committees.
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