Although HP is in full swing of lays off around 27,000 jobs in next two years, the company today announced that George Kadifa has been appointed executive vice president of the company’s Software business, replacing Bill Veghte, while Veghte has been named HP’s chief operating officer (COO), and will continue to oversee the HP strategy. Both announcements are effective immediately. Kadifa will report to Meg Whitman, president and chief executive officer, HP.
“George brings a wealth of experience gained at traditional software companies, service providers and startups,” said Whitman. “His ability to manage multiple business models will prove extremely valuable to HP as we extend our software offerings in cloud, information and security.” As COO, Veghte will help further accelerate the execution of the company’s strategy by working across HP to drive innovation and customer satisfaction. Veghte will work closely with Whitman as well as his peers on HP’s executive council to support key projects affecting the company’s operational success.