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Form 8-K · Current Report · Filed 2024-01-23

HPE Announces Leadership Changes Ahead of Juniper Acquisition

Hewlett Packard Enterprise (HPE) announced significant leadership changes, effective February 1, 2024.

Filer
Hewlett Packard Enterprise Company HPE · NYSE
Filed
Accession
0001645590-24-000004
CIK
0001645590
Signal
High impactTechnology

Details

Alan May, the current Executive Vice President and Chief People Officer, will resign and remain with HPE to assist in the integration of Juniper Networks. Kristin Major, currently the Senior Vice President and Chief Talent Officer, has been appointed as the new Chief People Officer. Additionally, Neil MacDonald has been appointed as the General Manager of HPE's High Performance Computing & Artificial Intelligence business segment, in addition to his current role.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CEO Resignation New CEO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$15.50

Next session

+1.7%

Since filing

+209.0%

Latest close

$47.90

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HPE reporting the same item, with the next session's move:

Exhibits (2)

About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise Company is a global technology leader specializing in enterprise computing solutions. The company primarily focuses on providing cutting-edge technology solutions that enable businesses to transform their IT environments. Their comprehensive portfolio includes servers, storage, networking equipment, and robust solutions for hybrid IT, edge-to-cloud computing, and data analytics. Serving diverse sectors such as telecommunications, finance, healthcare, and education, Hewlett Packard Enterprise aims to facilitate digital transformation by enhancing operational efficiency and accelerating innovation. In the financial market, Hewlett Packard Enterprise holds a significant position as it provides essential infrastructure solutions that empower organizations to manage and extract insights from vast amounts of data, thus playing a pivotal role in the digital economy. Founded in 2015 as a spin-off from Hewlett-Packard, the company is headquartered in Houston, Texas, and continues to evolve with the ever-changing technological landscape by driving advancements in areas like artificial intelligence, cloud services, and intelligent edge solutions. Its impact is seen in its ability to equip businesses globally with the tools required to navigate and succeed in a data-driven world.

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