HP CEO Names Strategy Chief

Posted by Kevin Wade

Hewlett Packard named a new chief strategy officer to oversee some of its Internet and software efforts as the company works to retool management in the first year of Meg Whitman’s leadership.

HP said Bill Veghte, who spent two decades at Microsoft and helped launch Windows 7, will lead its cloud and webOS mobile operating system initiatives as part of his new role. He will continue to oversee H-P software as well, maintaining his responsibilities from his previous role as an executive vice president.

“HP intends to stay on top,” HP CEO Meg Whitman said. “I believe Bill has the knowledge and vision to keep us there.”

The move comes roughly three months after HP’s former chief strategy and technology officer, Shane Robison, retired and left the company. His departure also came after the ousting of CEO Leo Apotheker from his tumultuous tenure.

Mr. Veghte will have different responsibilities from his predecessor. Mr. Robison shaped HP’s research and development operations, commonly known as “HP Labs,” as well as the company’s merger and acquisition efforts. Mr. Veghte will instead focus on software, leaving research and acquisitions still directly reporting to the CEO’s office.

While management shuffles are not uncommon under new chief executives, they are being closely watched at HP. Ms. Whitman has promised to bring stability back to the Silicon Valley icon by maintaining its current businesses and growing its software offerings.

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