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Tuesday, 14 June 2011 - HP shakes up managers, aims at China, India |
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    Edition: U.S. Article Comments (0) Slideshow Follow Reuters Facebook Twitter RSS YouTube Read FBI expert found heart shape on Caylee Anthony duct tape 13 Jun 2011 UPDATE 2-Hackers break into U.S. Senate computers 13 Jun 2011 Republicans blast Obama, not each other | 2:51am EDT Missouri River levee near Hamburg, Iowa fails 13 Jun 2011 Hackers break into Senate computers 2:47am EDT Discussed 126 Alabama governor signs nation’s toughest immigration law 111 Obama weighs new steps to boost jobs 79 U.S. debt default unimaginable, creditors say Watched The day ahead: June 14, 2010 Mon, Jun 13 2011 Obama resigns from church Mon, Jun 2 2008 Bodypainters apply their skill Mon, Jul 19 2010 HP shakes up managers, aims at China, India Tweet Share this Email Print Related News Fusion-io soars in debut as appetite for tech companies rages Thu, Jun 9 2011 Apple's Jobs shows off "spaceship" headquarters plan Wed, Jun 8 2011 Apple's Jobs takes stage to talk iCloud Mon, Jun 6 2011 Google reveals Gmail hacking, says likely from China Thu, Jun 2 2011 Twitter CEO says 80 percent of advertisers renew Wed, Jun 1 2011 Analysis & Opinion Is U.S. business abandoning the middle class? Tech wrap: Myspace sale saga nears end Related Topics Technology » China » 1 / 2 A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009. Credit: Reuters/Denis Balibouse SAN FRANCISCO | Mon Jun 13, 2011 7:16pm EDT SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N) moved a veteran executive onto its board and announced the departure of two senior officers in a major ongoing management shake-up, and put new focus on China and India. Chief Executive Leo Apotheker, who took over at the world's No. 1 computer maker in September, is under pressure to turn around HP, which is struggling to hold onto its place in the technology sector. It trimmed its sales forecast for the second straight quarter last month. Ann Livermore, who runs HP's enterprise business, has been appointed to the HP board and will step down from her day-to-day management of the division, the company said on Monday. All customer-facing units -- including software, sales, servers and storage -- now report directly to Apotheker. Apotheker is also fortifying efforts to improve market share in China and India, regions seen as "critical" for success. Todd Bradley, who leads HP's Personal Systems Group, will also focus on expanding the company's share in China, while Vyomesh Joshi, who leads the Imaging and Printing Group, will lead similar efforts in India. Hewlett-Packard shares rose a few cents to $34.73 in after-hours trading, after closing down 1.3 percent at $34.65 on the New York Stock Exchange. LOST WAY Livermore, a 29-year veteran at HP, recently had her job split when Apotheker decided to revamp the troubled services division and have the unit report directly to him. Livermore was made the interim head while HP searches for a new executive to lead it. The world's largest technology company by sales is grappling with new competition from Cisco Systems Inc (CSCO.O) to Oracle Corp (ORCL.O), limp consumer spending on personal computers and a potentially costly expansion into cloud computing. Apotheker, outlining his vision in March, promised to boost earnings and dividends sharply by pushing into sectors such as cloud computing, where services are hosted from data centers. HP is seeing a lot of churn as Apotheker brings in new executives and tries to revamp the company and move into new markets, including tablet computers. Among the latest to leave the company are Pete Bocian, executive vice president and chief administrative officer, and Randy Mott, executive vice president and chief information officer. HP is eliminating the chief administrative officer role, but is looking to replace Mott, the company said. Others who have left recently include Tom Iannotti, who ran the enterprise services business, and former head of networking unit Marius Haas. (Reporting by Poornima Gupta; editing by Tim Dobbyn and Andre Grenon) Technology China Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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