HP Inc.
HP Inc. Announces CEO Transition and Interim Leadership
Summary
HP Inc. announced on February 3, 2026, that Enrique Lores has stepped down as President and Chief Executive Officer (CEO) and a member of the board, effective February 2, 2026. Bruce Broussard, a Board member since 2021, has been appointed as interim CEO, effective immediately. Broussard's compensation package includes monthly cash of $362,500 and a one-time equity award of $7,000,000. The Board has also decreased the number of authorized directorships from 13 to 12, effective February 3, 2026. HP reaffirmed its financial outlook for the first quarter and full fiscal year 2026.
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About HP Inc.
HP Inc. is a global leader in the development and manufacturing of computing and imaging solutions, known for its wide array of products and services. As a key player in the information technology industry, HP Inc. is renowned for its personal computers, printers, and related supplies, catering to both consumer and enterprise markets. The company's product portfolio includes laptops, desktops, ink and laser printers, and a variety of software solutions designed to enhance productivity and connectivity. HP Inc. is at the forefront of digital transformation, providing solutions that help businesses and individuals manage and process information in the digital world. The company is also involved in 3D printing and immersive computing technologies, which are emerging as critical components of the industry's future landscape. Through its vast distribution network, HP Inc. serves customers worldwide, offering both direct sales and partnerships with resellers. With a long history of innovation and adaptability, HP Inc. continues to play a significant role in shaping technology trends across various sectors, from educational institutions to large organizational enterprises.
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