Hewlett-Packard Creates New Executive Role to Enhance Growth

Hewlett-Packard (NYSE: HPQ  ) has made several changes among its executive management team in an effort to further growth in the fast-growing Chinese market, expand its global channel partnerships, and seek out "early stage companies that can contribute to HP's long-term growth," HP announced today.

Todd Bradley, formerly HP's executive vice president of Printing and Personal Systems (PPS), will retain his executive vice president title in leading the new Strategic Growth Initiatives unit. In his new role, Bradley will report directly to CEO Meg Whitman and be responsible for enhancing opportunities in China and strengthening channel relationships worldwide.

Regarding Bradley's new role, Whitman commented, "There's nothing more important to HP than our channel partners and the future of our business in China. I've also asked [Bradley] to study the landscape of small companies and start-ups that could partner with HP to spur growth."

Dion Weisler, current senior vice president of HP's PPS Asia Pacific and Japan (APJ) unit, will assume Bradley's former PPS responsibilities as executive vice president. In addition to leading the PPS division, Weisler will join HP's executive council, the company said.

HP announced another change within its executive management team, naming Nick Lazaridis to head up the PPS-APJ business unit, Weisler's former position, until a permanent replacement is found. Lazaridis is currently COO of Hewlett-Packard's PPS-APJ, in addition to leading the region's Personal Systems division.

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