Form 8-K - Current report


UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

	FORM	8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

January 17, 2024
Date of Report (Date of Earliest Event Reported)

HEWLETT PACKARD ENTERPRISE COMPANY
(Exact name of registrant as specified in its charter)


Delaware	001-37483		47-3298624
(State or other jurisdiction of incorporation)	(Commission File Number)		(I.R.S. Employer Identification No.)

1701 East Mossy Oaks Road,

Spring,

77389

(Address of principal executive offices)

(Zip code)


(678)			259-9860
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.01 per share

HPE

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


☐			Emerging growth company
☐			If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.02			Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On January 17, 2024, Alan May notified Hewlett Packard Enterprise Company (“HPE” or the “Company”) of his intention to resign from his role as Executive Vice President and Chief People Officer of HPE, effective as of February 1, 2024. Upon stepping down from such role, Mr. May will cease to be an executive officer of HPE as of such date. In order to facilitate an orderly transition of his duties and job responsibilities and support the organizational integration of Juniper Networks (which HPE announced earlier this month it intends to acquire), Mr. May will remain an employee with HPE.

The Board of Directors of HPE has appointed Kristin Major, HPE's current Senior Vice President and Chief Talent Officer, to become the Company's new Executive Vice President and Chief People Officer, effective as of February 1, 2024.


Item 7.01			Regulation FD Disclosure.

The Board of Directors of HPE has also appointed Neil MacDonald, HPE's current Executive Vice President and General Manager of Compute, as the next General Manager of HPE's High Performance Computing & Artificial Intelligence business segment, in addition to his current role, effective as of February 1, 2024.

Copies of the press releases announcing (i) Mr. May’s resignation and Ms. Major's appointment and (ii) Mr. MacDonald's appointment as General Manager of High Performance Computing & Artificial Intelligence, are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K, and incorporated herein by reference. The information contained in Item 7.01 of this report, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information contained in Item 7.01 of this report, including Exhibit 99.1 and Exhibit 99.2, shall not be incorporated by reference into any filing of the registrant, whether made before, on, or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing.

Forward-looking statements.

This Form 8-K and the press releases furnished herewith contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries ("Hewlett Packard Enterprise") may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe,” “expect,” “anticipate,” “intend,” “will,” "may," and similar expressions are intended to identify such forward-looking statements. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HPE may 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 any projections of financial performance, plans, strategies and objectives of management for future operations or performance. Risks, uncertainties and assumptions include those that are described in HPE’s Annual Report on Form 10-K for the fiscal year ended October 31, 2023, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and that are otherwise described or updated from time to time in Hewlett Packard Enterprise’s Securities and Exchange Commission reports. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law.


Item 9.01			Financial Statements and Exhibits.
(d)			Exhibits


Exhibit Number			Description
99.1			Hewlett Packard Enterprise Company Press Release, dated January 23, 2024 (furnished herewith).
99.2			Hewlett Packard Enterprise Company Press Release, dated January 2 3, 2024 (furnished herewith).
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HEWLETT PACKARD ENTERPRISE COMPANY

DATE: January 23, 2024

By:

/s/ Jonathan Sturz

Name:

Jonathan Sturz

Title:

Vice President, Deputy General Counsel
and Assistant Corporate Secretary

Exhibit 99.1

HPE Appoints Kristin Major Chief People Officer

Succeeds Alan May, HPE's first CPO who helped shape talent strategy and award-winning culture

In this article:

•Major rose through HPE leadership ranks in employment law and HR to become member of executive team, reporting to CEO Antonio Neri

•May to remain with HPE to support the organizational integration of Juniper Networks, which HPE intends to acquire

HOUSTON – January 23, 2024 – Hewlett Packard Enterprise (NYSE: HPE) today named Kristin Major as executive vice president and chief people officer (CPO), effective February 1, 2024, reporting to president and chief executive officer Antonio Neri.

Major has been with HPE since 2011, most recently serving as senior vice president of human resources (HR) and chief talent officer. Over the course of her career with HPE, Major has led HR for HPE GreenLake, HPE Aruba Networking, the HPE Transformation Office, and HPE’s chief technology officer. Prior to joining the HR function, Major was the chief employment counsel for the company for eight years as part of the Operations, Legal, and Administrative Affairs organization.

“Having worked in several different parts of the business over the last 12 years, Kristin has strong relationships and a deep understanding of the needs and opportunities across the enterprise,” said Neri. “Our team members love her, and she shares my passion for culture and creating an environment where our team members can thrive.”

“This really is my dream job. I love this company and I care deeply about our team members and about making their lives better – both professionally and personally,” said Major. “My top priority is building high-performance teams and cultivating and supporting highly engaged leaders who enable team members to take on new challenges, learn, and grow in a healthy, inclusive environment.”

Before joining HPE, Major was a labor and employment counsel at Skadden, Arps, Slate, Meagher & Flom in Palo Alto, California. Major holds a law degree from Georgetown University and received her undergraduate degree from the University of Arizona.

Major succeeds Alan May, who held the CPO role since joining the company in 2015. During his tenure, May transformed HPE’s Human Resource function to foster innovation, raise the bar on talent, increase diversity, introduce industry-leading benefits, and advance culture and business results. He played an instrumental role in the 2015 formation of HPE in its separation from HP, and guided many subsequent transformation efforts, spin-offs and acquisitions. May will remain with HPE to support the organizational integration of Juniper Networks, which HPE announced earlier this month it intends to acquire.

“Alan has been a trusted partner to me since I assumed the role of CEO in 2018, helping to advance our strategic priorities around culture, innovation, and transformation. Together we have made HPE a fantastic place to work that cultivates extraordinary leaders like Kristin,” said Neri. “Alan will play a critical role in the expected integration of Juniper to successfully onboard our new team members into the HPE family while strengthening our culture and future.”

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service.  With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

Forward-looking Statements

differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe,” “expect,” “anticipate,” “intend,” “will,” "may," and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of executive performance, financial performance, plans, strategies and objectives of management for future operations or performance, and the ability to successfully close the acquisition of and integrate Juniper Networks, Inc. Risks, uncertainties and assumptions include those that are described in HPE’s Annual Report on Form 10-K for the fiscal year ended October 31, 2023, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and that are otherwise described or updated from time to time in Hewlett Packard Enterprise’s Securities and Exchange Commission reports. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law.

Media Contact:
Adam Bauer
Adam.Bauer@hpe.com

Exhibit 99.2

Hewlett Packard Enterprise Announces Neil MacDonald as leader of HPC & AI Business Segment

HPE veteran of 28+ years brings proven leadership to accelerate Supercomputing and AI business

HOUSTON, Texas – January 23, 2024 – Hewlett Packard Enterprise (NYSE: HPE) today announced an expanded leadership role effective February 1, 2024 for Neil MacDonald, who has been appointed to lead the company’s HPC & AI business segment in addition to leading its Compute business. MacDonald will continue to report to president and chief executive officer, Antonio Neri and each business segment will continue to report its financial results independently. In his new role as the executive vice president and general manager of both Compute and HPC & AI, MacDonald will lead the team in accelerating HPE’s AI strategy by scaling cloud and software solutions with strong integration of HPE GreenLake. Additionally, the company announced that Hewlett Packard Labs will now move to reporting to Fidelma Russo, HPE’s Chief Technology Officer.

“The HPC and AI business is critical to our ongoing strategy. Neil’s engineering background and expertise in silicon and AI, combined with his decades of proven leadership experience and passion for customer-driven innovation make him uniquely suited to lead this team,” said Neri. “Neil’s technical acumen, vision and passion for advancing HPE’s unique IP in supercomputing, AI infrastructure technologies, and our AI software platform will strengthen the role we can play in our customers’ most critical transformations.”

Notably, under MacDonald’s leadership, the Compute business recently expanded its strategic collaboration with NVIDIA to enhance HPE’s Compute portfolio and build a turnkey enterprise computing solution for GenAI to target a growing market.

“AI and supercomputing are ground-breaking technologies that will soon transform every business and fuel next generation innovations that will fundamentally change the world,” said MacDonald. “I’m deeply committed to continue fostering the mission of our HPC & AI business and lead this incredibly talented team that’s dedicated to solving our customer’s most complex problems.”

Prior to joining our predecessor, Hewlett-Packard Company, MacDonald was Commercial Manager at Edinburgh Parallel Computing Centre where he helped bring the transformational benefits of massively parallel supercomputing to industrial and commercial customers. He holds a bachelor's degree in Artificial Intelligence with Computer Science and a Ph.D. in Computer Science from the University of Edinburgh, as well as an MBA from San Jose State University.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries (Hewlett Packard Enterprise) may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe,” “expect,” “anticipate,” “intend,” “will,” "may," and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of executive performance, financial performance, plans, strategies and objectives of management for future operations or performance. Risks, uncertainties and assumptions include those that are described in HPE’s Annual Report on Form 10-K for the fiscal year ended October 31, 2023, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and that are otherwise described or updated from time to time in Hewlett Packard Enterprise’s Securities and Exchange Commission reports. Hewlett Packard Enterprise assumes no

obligation and does not intend to update these forward-looking statements, except as required by applicable law.

Media Contact:
John Choi

John.choi@hpe.com

Cover Page	Jan. 17, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jan. 17, 2024
Entity Incorporation, State or Country Code	DE
Entity File Number	001-37483
Entity Tax Identification Number	47-3298624
Entity Address, Address Line One	1701 East Mossy Oaks Road,
Entity Address, City or Town	Spring,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77389
City Area Code	(678)
Local Phone Number	259-9860
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	HPE
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0001645590
Amendment Flag	false
Document Information [Line Items]
Document Period End Date	Jan. 17, 2024
Entity Registrant Name	HEWLETT PACKARD ENTERPRISE COMPANY