HP Names Five New Board Members
HP has appointed five new board members, effective Jan. 21.
The appointments bring the total number of board members to 17 until HP's next annual meeting of stockholders in March, at which time the size of the board is expected to be reduced to 13 members.
The new directors are Shumeet Banerji, chief executive officer of Booz & Company; Gary Reiner, former chief information officer of General Electric Company and a current special advisor to private equity firm General Atlantic; Patricia Russo, former chief executive officer of Alcatel-Lucent; Dominique Senequier, chief executive officer of AXA Private Equity; and Meg Whitman, former president and chief executive officer of eBay Inc. The five new directors also will stand for re-election at HP's next Annual Meeting of Stockholders in March.
In addition, HP announced that incumbent directors Joel Hyatt, John Joyce, Robert Ryan and Lucille Salhany are not standing for re-election.
"The addition of these new directors will further diversify the outstanding talents and wide-ranging experience that our directors already bring to HP," said Raymond J. Lane, non-executive chairman of the board of directors, HP. "Each is a widely respected and deeply experienced business leader, and together they will provide our board and management team with new insight and perspectives relating to HP's business and the rapidly changing technology industry."
For more information, visit www.hp.com.