InvestorsHub Logo
Followers 3
Posts 555
Boards Moderated 0
Alias Born 07/31/2003

Re: None

Thursday, 12/01/2005 7:41:25 PM

Thursday, December 01, 2005 7:41:25 PM

Post# of 249238
O.T. HP software head resigns
By Dawn Kawamoto
Staff Writer, CNET News.com

http://news.com.com/HP+software+head+resigns/2100-1014_3-5978519.html
Published: December 1, 2005, 9:11 AM PST
TalkBack E-mail Print TrackBack
Nora Denzel, the head of Hewlett-Packard's software business, has resigned, marking the latest executive roster change under CEO Mark Hurd, who was appointed to his role earlier this year.

Denzel, senior vice president and general manager of HP's global software business unit, has resigned for "personal reasons," an HP spokeswoman said. Denzel's last day will be Dec. 9.

Todd DeLaughter, general manager of HP's OpenView system management software business, will serve as interim head of the global software business unit. HP will conduct a search for a permanent replacement.

"HP admires Nora for her many contributions to HP and for bringing the business to profitability in the fourth quarter," the company stated.

In other news:
Web rebirth for desktop apps
What's the 411 for VoIP 911?
Laptops getting extreme makeovers
Finding harmony among iPod rivals
Denzel, a five-year HP employee, oversaw a business unit that largely posted quarterly operating losses during the past two years, despite generating double-digit revenue increases, according to the company's financial statements.

Hurd, who previously served as NCR chief executive before joining HP, has previously said he uses a set of metrics to gauge the performance of business units. Industry analysts have characterized him as having a strong operations background.

Since his appointment as CEO in March, Hurd has instituted several changes in HP's executive ranks. In July, Hurd named Randy Mott, former chief information officer from archrival Dell, as HP's new CIO. And in June, he separated the PC and printer businesses and named former PalmOne CEO and Gateway executive Todd Bradley to oversee the PC end of the business.

dude_danny

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.