Thomas E. Hogan to Leave HP

HP appoints Jan Zadak as Enterprise Business sales and marketing leader

PALO ALTO, Calif. — (BUSINESS WIRE) — April 18, 2011 — HP (NYSE: HPQ) today announced that Thomas E. Hogan, executive vice president, Enterprise Business Sales and Marketing, has decided to leave the company.

Under Hogan’s leadership, HP has embarked on a multiyear sales and marketing transformation that has accelerated sales hiring, built a world-class sales university and launched the Instant-On Enterprise strategy for business and governments. With the achievement of these milestones, Hogan felt the time was right for him to pursue other interests. He will remain at HP until May 31 to ensure a smooth transition.

HP also announced that Jan Zadak, managing director for HP Europe, the Middle East and Africa (EMEA), will assume the role of executive vice president, Enterprise Business Sales and Marketing, effective May 1.

“Shaping a world-class leadership team is one of my most important objectives, so I am particularly pleased that a global executive of Jan’s experience and ability will take over this critically important role,” said Léo Apotheker, HP president and chief executive officer. “I also want to recognize the many contributions that Tom has made to HP during his tenure with the company.”

Throughout his career, Zadak has been a leader in the development and implementation of HP’s solution selling capability. He joined Compaq Computer in 1997 and held several senior management roles in EMEA’s fast growth markets, including Central and Eastern Europe, the Middle East and Africa.

“Jan brings to this role strong leadership skills, solid business acumen and a passion for client success,” said Ann Livermore, executive vice president, HP Enterprise Business. “We thank Tom for his pioneering work in the sales and marketing transformation.”

Hogan has left a strong legacy at HP beyond his contribution to marketing and sales. He joined HP in 2006 and drove a significant extension of the company’s software portfolio, tripling revenues and expanding operating results.

“HP is the clear global leader in technology and innovation,” said Hogan. “It has been my privilege to be a part of this organization the past five years. I will miss the great people at HP and have every confidence Léo, Ann and Jan have the right vision and strategy to lead HP to new heights.”

“I am excited about the opportunity HP has to extend our market leadership by helping clients solve their toughest challenges,” said Zadak. “I remain committed to building the premier sales and marketing organization in the industry.”

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.



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