Stephen DiFranco to Lead HP’s Personal Systems Group Americas Business

PALO ALTO, Calif.--()--HP (NYSE: HPQ) today announced that it has appointed Stephen DiFranco to serve as senior vice president and general manager for the Americas region of its Personal Systems Group (PSG), reporting to Todd Bradley, executive vice president of PSG.

DiFranco will replace Stephen DeWitt, who has been named senior vice president and general manager of the webOS global business unit. HP will begin an active search to identify a new leader of its Solutions Partner Organization (SPO), with that business continuing to report into PSG Americas. DiFranco will continue to oversee SPO until that role is filled.

“Stephen DiFranco has shown the leadership and operational discipline that exemplifies our executive bench,” said Todd Bradley. “His experience driving profitable growth with our channel partners will be essential to leading PSG’s business across the Americas region.”

In his new role, DiFranco will be responsible for driving the marketing, sales and operations strategy for the continued growth of PSG in the United States, Canada and Latin America. Stephen will be responsible for the financial performance of both the commercial and consumer business. PSG’s portfolio includes PCs, mobile products, client virtualization and connected entertainment solutions, internet services and support for consumers, small to midsize business and enterprise customers.

In his former role as general manager of SPO – Americas, DiFranco successfully oversaw alignment and collaboration across HP’s partner network, driving continued growth for HP partners throughout the region. He bolstered HP’s channel efficiency by aligning the channel to major industry-specific cycles to better meet the needs of partners. He also successfully evolved the economics of HP’s channel business by enabling partners to better measure the return on investment of their HP relationships.

DiFranco joined HP from Lenovo last year, where he served as vice president of consumer and commercial channels, managing the company’s channel business in the United States and Canada. Prior to Lenovo, DiFranco held senior marketing positions at Advanced Micro Devices (AMD) and Maxtor Corporation.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could 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 statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

Contacts

HP
Mylene Mangalindan, +1-650-236-0005
corpmediarelations@hp.com
Michael Thacker, +1-650-857-2254
corpmediarelations@hp.com
or
HP Media Hotline
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www.hp.com/go/newsroom

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Contacts

HP
Mylene Mangalindan, +1-650-236-0005
corpmediarelations@hp.com
Michael Thacker, +1-650-857-2254
corpmediarelations@hp.com
or
HP Media Hotline
+1-866-266-7272
www.hp.com/go/newsroom