HP CEO Dion Weisler steps down

25 Août, 2019, 03:47 | Auteur: Auguste Feret
  • HP's CEO is stepping down this year

HP named Enrique Lores president and CEO to succeed Dion Weisler Nov. 1.

Over the past year, Lores has been working with the HP board on a comprehensive global review of the company's strategy and business operations, with a focus on simplifying its operating model, evolving its business models and driving significant improvement in its cost structure while making the company more digitally enabled and customer-centric.

Mr Lores is now HP's president of imaging, solutions and printing, with Wiesler remaining at the helm until January 2020. "I'm incredibly proud of what we have achieved and equally confident in where we're heading as a company", said outgoing CEO Weisler.

The company said Weisler, 52, is leaving the role to attend to a family health matter.

Bills CB White leaves game with quad contusion
Don't look now, but the Buffalo Bills are only one win shy of an undefeated preseason. Offensive lineman Quinton Spain left the game with an ankle injury in the first half.

MLB bans players from Venezuelan winter league amid USA sanctions
The country has proved to be a hotbed of talent, with Atlanta Braves outfielder Ronald Acuna Jr . An LVBP spokesman said the league had not received any official communication from MLB.

The Obamas Shared Their Summer Playlist, Artists React!
As summer comes to a close, the 44th president has shared the 44 songs that soundtrack his summer. Obama's famous campaign chant from the 2008 election: " Yes we can ".

Weisler will work with Lores to ensure a seamless transition and will remain at the company through January 2020.

Weisler's departure comes as the company announces its third-quarter financial results showing a 5.3 percent decline in revenue from its printing division balanced by a 3.1 percent growth in its considerably larger personal computing arm - of which the growth was entirely in business PCs, with consumer hardware dropping by 11 percent year-on-year. "Thirty years ago, I was drawn to HP by the company's unique ability to bring out the best of humanity through the power of technology", he said. He said in a statement that he believes HP is well-positioned to continue its growth, citing promising new businesses such as digital manufacturing.

HP Thursday reported that its print supplies revenue dropped 7 percent during its fiscal third quarter of 2019, ended July 31, compared with the same period a year earlier.

The company's earnings for the past quarter exceeded analyst estimates that steer investor expectations, but HP's guidance might lag analyst projections for the current quarter. It's critical that we do some because the needs of our customers are rapidly changing, and we must become a more agile organization that is framers to fully capitalize on the opportunities ahead. When HP and HPE split, the market's money was on HPE to soar while the legacy and commoditized PC and printer business would stagnate. That was up from non-GAAP net earnings of $840 million, or 52 cents per diluted share, during the same quarter in 2018.

Conseillé:



Populaire

Microplastics in drinking water not a health risk for now
Industrial effluents, degraded plastic waste and atmospheric deposition are some other secondary sources of microplastics. Microplastics in water can harm your health.

Tom Holland finally speaks his mind after Disney and Sony split
It's true that the mere prospect of Spider-Man being in the MCU to begin with was once thought of as a pipe dream. Spider-Man: Far From Home is now playing in theaters.

Le FMI s'inquiète — Guerre commerciale
C'est la première fois que le FMI sort de sa réserve et critique ouvertement la politique commerciale de Donald Trump . En résumé: l'offensive de la politique commerciale de Washington et de la baisse des taux ne marchera pas.

Bob Odenkirk: The ‘Breaking Bad’ movie has already been filmed
The Breaking Bad leak appeared on the official Netflix site, but has since been pulled after attention was drawn to it. It's reportedly a sequel to the series, following Jesse Pinkman in the wake of the series finale .

Richard Carapaz, vainqueur du Giro, incertain après une chute — Vuleta
L'Equatorien, qui a remporté le 2 juin le Tour d'Italie en surprenant les ténors du peloton, doit quitter à la fin de l'année l'équipe Movistar .

U.S. eyes Greenland consulate amid increased interest
Embassy in Copenhagen, and plans include hiring local staff in Greenland to work at the consulate there. He called her a very nice woman, and said the US has a very good relationship with Denmark.

UN Report Finds Genocidal Intent Sexual Violence Against Rohingya by Myanmar Army
Previous attempts at persuading Rohingya to return to Rakhine have failed due to opposition from the refugees. The Tatmadaw (Myanmar military) was responsible for 82 per cent of these gang rapes, as per the report.

Raphaël Guerreiro dément personnellement le rendez-vous avec le PSG — Mercato
Sur les tablettes de Thomas Tuchel, Raphaël Guerreiro sait que le PSG le veut. Un dossier de toute fin de mercato à surveiller de près...

L'essai gratuit de l'offre Premium passe à 3 mois — Spotify
On peut ajouter à cela la guerre déclarée par la société contre les abonnés gratuits ayant recours à des bloqueurs de publicité . Spotify avait déjà proposé trois mois pour Spotify Premium dans le passé, mais le coût était de 0,99€ de temps en temps.

Black Panther 2 D23 Panel: Wakanda Forever
It was also nominated for seven Academy Awards, including best picture - a first for a Marvel superhero movie - and took home three.