Meg Whitman Steps Off HP Inc. Board of Directors; Company Appoints Chip Bergh as New Board Chairman
July 26 2017 - 4:05PM
HP Inc. (NYSE:HPQ) announced today that its Board of Directors has
elected Chip Bergh as Independent Board Chairman replacing Meg
Whitman who is stepping off the board, effective immediately.
Whitman has served as Chairman of HP since the separation of HP
Inc. and Hewlett Packard Enterprise in November 2015.
“Meg was instrumental in the formation of HP and in helping us
to navigate early life as a separate company, bringing essential
experience and continuity of leadership to our entire team,” said
Dion Weisler, HP President and Chief Executive Officer. “I will be
forever grateful to Meg for her many contributions. She is a
terrific friend and advisor and will remain so as we continue
executing on our strategy of reinvention. I very much look forward
to working closely with Chip as our new Chairman as we shepherd HP
into the future.”
“HP has now been a standalone company for almost two years and
I’m proud to have helped get the company off to a great start,”
said Whitman. “The HP board is among the most diverse in our
industry, and the company has established a proven track record of
successfully delivering on its commitments. I’m very confident in
Dion’s continued vision and leadership as well as Chip’s ability to
help guide the organization.”
Bergh has served as Lead Independent Director of the HP board
since March 2017. He is President and Chief Executive Officer of
Levi Strauss & Co., a position he has held since September
2011. Bergh previously worked at Procter and Gamble for 28 years in
a variety of executive roles, including managing business in
multiple regions worldwide. His last role with P&G was as Group
President.
“I have deep respect for Meg, Dion and the entire HP board and
leadership team and am honored by this important role as HP
accelerates its innovation agenda,” said Bergh. “We have a diverse
and top-performing board and we are well positioned to continue
increasing long-term value for shareholders.”
About HP Inc.HP Inc. creates technology that
makes life better for everyone, everywhere. Through our portfolio
of printers, PCs, mobile devices, solutions, and services, we
engineer experiences that amaze. More information about HP is
available at http://www.hp.com.
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contained herein is subject to change without notice. The only
warranties for HP products and services are set forth in the
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