HP Names Bethany Mayer to Lead Networking Business

PALO ALTO, Calif.--()--HP (NYSE:HPQ) today announced it has appointed Bethany Mayer to serve as senior vice president and general manager of the HP Networking business unit, effective immediately.

Mayer, who has served as the unit’s interim leader for the past four months, oversees HP Networking’s worldwide operations, reporting to Dave Donatelli, executive vice president and general manager of Enterprise Servers, Storage, Networking and Technology Services at HP.

Mayer has recently led several successful product launches, including new networking solutions for small and midsize businesses, virtualized networking solutions and HP TippingPoint network security offerings.

In addition, she has strengthened HP Networking’s position as the No. 2 vendor in the networking market – one of only two vendors worldwide with double-digit market share.(1) HP FlexNetwork architecture enables customers to deliver higher-bandwidth, greater-performing networks that are easier to manage and use less equipment.

Previously, Mayer was vice president of Marketing for Enterprise Servers, Storage and Networking at HP, where she drove programs that helped lead to 14.6 percent revenue growth year over year in the first three quarters of fiscal year 2011 compared to the same period last year while increasing awareness and market adoption of the HP Converged Infrastructure portfolio.

“Bethany’s networking and business experience will help HP to continue to advance market share gains while transforming the industry by delivering superior products at greater value to clients,” said Donatelli. “During her interim leadership of HP Networking, Bethany exceeded performance goals resulting in our seventh straight quarter of double-digit growth. She is the right leader to accelerate this business.”

Mayer has held numerous executive positions during her more than 25 years of industry experience in leading product management, marketing communications, operations and engineering at organizations ranging from start-ups to Fortune 500 corporations.

She holds a Bachelor of Science from Santa Clara University and an MBA from California State University, Monterey Bay.

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.

(1) HP holds market share at nearly 12 percent by revenue and 20 percent by ports, according to “L2-3 Ethernet Vendor Table Q22011” and “Routers Enterprise Vendor Tables Q22011,” Dell’Oro Group, August 2011.

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, including execution of growth strategies, transformation initiatives and restructuring plans; 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 protection of HP’s intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of growth strategies, transformation initiatives and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 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.

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Contacts

HP
Erin Collopy, +1-408-447-0904
erin.collopy@hp.com
www.hp.com/go/newsroom

Contacts

HP
Erin Collopy, +1-408-447-0904
erin.collopy@hp.com
www.hp.com/go/newsroom