HP announces increase in board size from 9 to 12

On July 15, Hewlett-Packard announced an increase in the number of board members from 9 to 12, Reuters reported. The 3 new directors include Microsoft's former chief Software architect Raymond Ochi (Raymond Ozzie), former CEO Robert Bennett of Free media (Liberty Media) and former CEO of McDonald's, Bennett chain Pharmacy (Walgreen ) incumbent Chairman Spader Skinner (James Skinner).

These appointments take effect immediately. HP said the board would continue to look for other world-class directors and a formal non-executive chairman in the next few months. During the transition period, Lalf Whitworth (Ralph v. Whitworth) will continue to serve as interim chairman.

"In April we pledged to recruit the best and most talented leaders for HP's already very good board," he said. These 3 people have a wealth of knowledge and experience in capital allocation, technology, operations and leadership. I am confident that they will make a great contribution to supporting Meg and her team to reshape HP's efforts by better serving customers, strengthening partnerships and creating value for shareholders. ”

"As our recovery efforts continue to make progress, it will be a great benefit to be able to get advice from a board of Whitman business and technology leaders," Hewlett-Packard's president and CEO, Meg Whitman said. These 3 people themselves have witnessed this in their careers. I am grateful for their support and for the continued support of all the directors. ”

After joining the HP board, Nate will be a member of the Finance and Investment Committee and the audit Committee. Ozzie will join the technical committee and the Finance and Investment Committee. Skinner will join the audit committee, the Human Resources and remuneration committee and the nomination and management Committee.