Press Release: August 18, 2011
Topics: Financial

HP Appoints New Head of Enterprise Services

PALO ALTO, Calif. -- HP today announced that it has appointed John Visentin as executive vice president of HP Enterprise Services, effective immediately.

Visentin will be responsible for driving growth in HP Enterprise Services, which delivers technology infrastructure, applications and business services. He will become a member of the company’s Executive Council, reporting directly to Léo Apotheker, HP president and chief executive officer.

“John is a world-class services executive who will accelerate our efforts in delivering high-value services around cloud, security, mobility, application modernization and industry solutions,” said Apotheker. “I am pleased to have John as a member of the Executive Council.”

Visentin previously led HP Enterprise Services for the Americas. He replaces Tom Iannotti, who announced his retirement earlier this year.

Prior to joining HP, Visentin held several senior executive positions at IBM. Most recently, he was general manager of IBM Integrated Technology Services for North America. Visentin has spent 27 years in the information technology industry and has extensive experience in managing multibillion dollar business units, sales enablement and brand recognition in the IT services industry.

Visentin holds a Bachelor of Commerce degree from Concordia University in Montreal, Canada, and speaks English, Italian and French.

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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 competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; 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 April 30, 2011 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, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 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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