Bill Veghte, executive vice president of HP’s Enterprise Group (EG) and the man leading HP’s corporate divorce from the enterprise business side will be departing the company later this summer to pursue a new opportunity, the company announced this week.
The move comes barely a month after Tom Joyce, the company’s former vice president of global development and M&A lead, left HP for Dell.
Veghte previously served as chief operating officer, chief strategy officer and executive vice president of software at HP before taking on the Enterprise Group split lead, and will be replaced by Chris Hsu, who will assume the role of COO for Hewlett Packard Enterprise upon separation.
Antonio Neri, who has been serving as leader of the Enterprise Group (while Bill focused primarily on the separation efforts) and previously held leadership positions in the company’s server and networking technology divisions, will officially take over the role as Executive Vice President and General Manager.
“The decision to leave a company and people you are passionate about is never an easy one,” Veghte said.
“It has been a privilege working with Meg and a great leadership team as we transform Hewlett Packard to help customers on their journey to the New Style of IT. HP is equipped to take the business to new heights with great leaders like Antonio Neri and Chris Hsu and the progress we have made over the last 4 years,” he added.
Meg Whitman, chairman, president and chief executive officer of HP said: “From the moment he arrived at HP, Bill has made a huge difference. He brings energy, insight, and leadership to everything he does. I am grateful for all he did to help me lead HP through the turnaround and into the separation. I know Bill will continue to enjoy great success in the years to come.”
HP is just over midway through splitting its PC and printer business from its enterprise services and technology business, with the hopes of having everything done and dusted by November – the beginning of its 2016 fiscal year.