HP reshuffles its board of directors


21 Jan 2011

Five new board members begin their roles at Hewlett-Packard today, following the departure of four members in the wake of Mark Hurd’s resignation as its chief executive.

Joel Z Hyatt, John R Joyce, Robert L Ryan and Lucille S Salhany have left HP’s board of directors.

The new members, who are experienced in international business and technology, are:

  • Shumeet Banerji, chief executive of Booz & Company;
  • Gary M Reiner, former chief information officer of General Electric and a special adviser to private investment company General Atlantic;
  • Patricia F Russo, former chief executive of Alcatel-Lucent;
  • Dominique Senequier, chief executive of AXA Private Equity;
  • Meg Whitman, eBay’s former chief executive.

“The addition of these new directors will further diversify the outstanding talents and wide-ranging experience that our directors already bring to HP,” Raymond J Lane, non-executive chairman of the board of directors, HP, said in a statement.

“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.”

The changes come just months after Léo Apotheker was hired as chief executive.

Hurd left the company six months ago. A former contractor had accused him of sexual harassment but a company investigation found no evidence to support the claims. What HP did find, however, were alleged irregularities in Hurd’s expense reports. He has denied any wrongdoing, the New York Times reported.

Tina Costanza