Hewlett-Packard Brings in New Head of Software

It was revealed on Wednesday afternoon that Hewlett-Packard HPQ has appointed George Kadifa as the new head of software. On the surface, it seems like a shrewd move by HP, who have been struggling of late and needs the boost. Kadifa has been working in IT for over 30 years, though he has been working mainly in the areas of sales, business development, consulting management and general management. He previously worked at Silver Lake, a global technology investment firm, improving operational efficiency of the 24 companies Silver Lake is invested in. HP CEO Meg Whitman said on Wednesday in a statement that, "George brings a wealth of experience gained at traditional software companies, service providers and startups. His ability to manage multiple business models will prove extremely valuable to HP as we extend our software offerings in cloud, information and security." With HP already announcing that it will be laying off 27,000 employees, Whitman will hope that Kadifa will help provide some much needed stability.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!