HP Appoints Mike Nefkens, Jean-Jacques (JJ) Charhon As Enterprise Services Division Lead, COO, Incurs $8 Billion Q3 Impairment Charge

Posted on Aug 9 2012 - 6:39am by Editorial Staff

As part of its ongoing restructuring plans, HP announced today that it has appointed Mike Nefkens to lead its Enterprise Services division and Jean-Jacques (JJ) Charhon as the new COO, expecting to record a non-cash pre-tax charge for the impairment of goodwill within its Services segment of approximately $8 billion in the third quarter of its fiscal 2012. The company is increasing its previously provided third quarter fiscal 2012 non-GAAP earnings per share (EPS) outlook to approximately $1.00 per share, up from a previous range of $0.94 to $0.97.

Jean-Jacques (JJ) Charhon, senior vice president and chief financial officer of HP ES, was appointed chief operating officer for HP ES. Charhon will focus on increasing customer satisfaction and improving service delivery efficiency, which will help drive profitable growth. Nefkens will be responsible for driving growth and innovation for HP’s applications, business processing and outsourcing services. Nefkens spent 10 years with Holland Chemical International NV, where he held several executive positions.

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