Hewlett-Packard Appoints CEO and President Meg Whitman Additionally to Chairman Role; Director Pat Russo Becomes Lead Director
Hewlett-Packard CEO and President Meg Whitman, 57, was additionally appointed as Chairman, after the resignation of Ralph Whitworth, 59, for health reasons. Before joining HP, Whitman served as a part-time strategic advisor to Kleiner, Perkins, Caulfield & Byers. Previously, she was President and CEO of eBay and held executive-level positions at Hasbro, a toy company, FTD, a floral products company, The Stride Rite Corporation, a footwear company, The Walt Disney Company, an entertainment company, and Bain & Company, a consulting company.
Whitman also serves as a director of The Procter & Gamble Company and Zipcar.
Patricia Russo, 62, a former CEO at Alcatel-Lucent, would be the lead independent director on the HP board. Prior to the merger of Alcatel and Lucent in 2006, she served as Chairman and CEO of Lucent Technologies and before that, as the company’s President and CEO. Russo is currently a director of Alcoa, General Motors, KKR Management LLC and Merck & Co.
Date: July 23, 2014