HP Appoints Bill Veghte to Lead HP Software and Solutions Business
PALO ALTO, Calif., May 5, 2010
HP today announced that Bill Veghte has been appointed executive vice president of the company’s Software and Solutions business, effective May 17.
Veghte will lead the $3.6 billion business unit, which includes a number of industry-leading offerings:
IT Management: helps clients improve efficiency and optimize investments with a broad range of management software that spans technology infrastructure, services and operations;
Information Management: transforms information for better business insight by automating the search, management and retention of information across an enterprise;
Business Intelligence: helps clients gain competitive advantage and create new business opportunities with solutions that connect intelligence across an enterprise; and
Communications and Media: enables service providers to transform their communications service portfolios and achieve operational excellence.
Veghte joins HP from Microsoft, where he most recently served as senior vice president for the $15 billion Windows business and where he was instrumental in the delivery and launch of Windows® 7. During his 20-year career at Microsoft, Veghte held a variety of executive roles in research and development, sales, services and marketing. Under his leadership, he built strong teams that delivered some of Microsoft’s most important products.
In his new position, Veghte will report to Ann Livermore, executive vice president, HP Enterprise Business.
“Bill has built a reputation as an experienced business leader with a proven track record of driving growth and innovation,” said Livermore. “Expanding our Software and Solutions business is critical to HP, and Bill’s broad experience across sales, marketing and engineering will be instrumental in driving this business forward and in strengthening our strategic partnerships with our clients.”
“HP has built a strong reputation as a technology powerhouse with a respected global brand and deep client relationships,” said Veghte. “Software is a strategic part of driving greater innovation to our clients, and I look forward to leading the HP software team to continue to build a world-class business.”
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 to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.
Microsoft and Windows are registered trademarks of Microsoft Corporation.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2010 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.
Printable version
