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Ahead of Split, Future HP Inc. CEO Weisler Shakes Up Printing Team

Future CEO Dion Weisler names a leader for the company's new 3-D printing unit.


With less than two months to go before the computing and IT giant Hewlett-Packard splits into two companies, the future CEO of HP Inc., the portion of the company devoted to PCs and printing, today announced some changes to his leadership team, with an emphasis on the printing business, according to an internal memo obtained by Re/code.

Dion Weisler, who is currently head of HP’s PC and printing division and who will be CEO of HP Inc. when it becomes an independent publicly traded company on Nov. 1, today named Steve Nigro, currently head of the printing business, to run HP’s new business devoted to 3-D printing.

Recall that HP unveiled a plan to get into the nascent 3-D printing business last year, aimed not at the market for hobbyists and do-it-yourself consumers, but at industrial applications like prototyping. Its first 3-D product is getting close to being commercially available, and Weisler decided that the business needed an executive to run it full-time.

Enrique Lores, currently head of the PC business in the Europe-Middle East region, will take over as the new head of the printing group. Nick Lazaridis, who runs the printing and PC business in the Asia-Pacific region, will take over for Lores in Europe-Middle East. Richard Bailey will take over in Asia.

There were a handful of other changes announced internally in areas including the Solutions team, which sells combined portfolios of products, and the Customer Support team, all of which are detailed in the memo below. All the changes take effect on Nov. 1.

Leadership changes to power our future

HP Restricted – For Internal Use Only

Distributed to all future HP Inc. employees

I have always said that a company’s strategy needs to be considered across multiple dimensions. In order to build a long-term sustainable company, you have to have the right mix of core business, growth initiatives, and have a vision for the future. The short-term core initiatives and growth areas are more tactical and day-to-day in nature, while the long-term future must be fully nurtured through investment, commitment, and focus.

Leading up to the separation, one of the key milestones is our Securities Analyst Meeting (SAM) which will be held on September 15th. In organizing the SAM presentations I characterized our business opportunities into three categories: Core, Growth, and our Future. In this process it became apparent to me that we needed to put the right investments and organizational structure in place to enable our Future. I am convinced that we have the technology, capability, and know-how to get this done, but need to back it up with the right organizational design to achieve our ambitious goals. As a result, I am making adjustments to my leadership team structure so that we can successfully deliver on our short, medium, and long-term strategic and financial goals.

When we announced our plans to separate, we knew that 3D printing would be a key area of innovation and growth for HP Inc. Our company is positioned perfectly to take advantage of our sophisticated intellectual property and know-how to transform industries and power the next industrial revolution.

As our first 3D printing product nears commercial availability, I’m creating a new 3D Printing business group and center of excellence — in the same way Bill and Dave did when they needed to innovate and capture new market opportunities for HP. Given the importance we’re placing on this business, we needed the right leadership, focus and organizational structure to drive this organization. With that in mind, I have asked Stephen Nigro to turn his entire focus to 3D Printing, continuing to report to me. He will focus on establishing a leadership position for HP Inc., in both the prototyping and production 3D market by delivering a strong portfolio of technology, products, and services to drive the market.

Stephen is one of our most talented engineers, innovators, and business leaders, with experience in both Labs and in running a business unit. Stephen has a proven track record in consistently turning technologies into great products. In collaboration with Shane Wall and the CTO/Labs team, the Printing organization, and ecosystem leaders, Stephen will drive a sharp focus on ensuring HP Inc. realizes this tremendous opportunity and establishes us as the clear market leader in this space.

With Stephen moving to 3D Printing, I have asked Enrique Lores to shift his focus from EMEA to the critical role running our Imaging and Printing and Solutions business. Enrique was a logical choice to lead this business group and continue the work Stephen and his team have been driving to combine innovation with aggressive operational execution to return this business to growth. Enrique grew up as a printing engineer, and over the years learned this business backwards and forwards. With his most recent work in leading our separation, he has a unique end-to-end view of the entire company that will enable him to forge forward aggressively. I am confident he will do what needs to be done and am pleased that such a great leader can now have the opportunity to develop his career by running the largest profit contributing business in the company.

With Stephen and Enrique moving into these new roles, we had the opportunity to make some other leadership changes that I think will help accelerate our business. We have a highly seasoned and proven regional leader in Nick Lazaridis who will move to lead the EMEA region and help grow and develop the business in this critical market. After several successful years leading the APJ region, Nick will expand on his experience and achievements working across complex markets and different cultures in order to now lead our EMEA business to success.

Having run our business at a country level and currently heading a large function, Richard Bailey will move to lead the APJ region. This will enable him to grow and develop his general management skills with the responsibility of delivering the financial and strategic results every quarter.

The Solutions team and the organizations reporting to Gilbert Rossi, Bill Avey, Mike Weir, Andrew Joiner, and Dan Salzman will join Enrique’s printing organization, and Jan Riecher, Dennis Mark, and Dave Prezzano will be responsible for regional Solutions, reporting to the region leaders. Moving Solutions into the Imaging and Printing business group will enable synergies we haven’t fully captured as software and services become even more relevant and important to our overall strategy.

The Customer Service & Support team will report into Jon Flaxman’s Strategy and Business Management organization. Teams led by Lachelle Porter-Ainer, John Moses, Robert Casey, Ramesh Giri, Axel Wolff as well as the regional teams led by Dave Smith, Aps Mukherjee, and Joan Canigueral will all report into a new Customer Support leader to be named soon.

All of these organizational changes will be effective as we become a new company on November 1st. In the meantime, I ask all of you to focus on delivering in our current model through the end of FY15.

As a firm believer in career development, I couldn’t be more excited about these changes. They not only make sense given the skills and experience of the leaders involved, but they also highlight the strength, broad scope, and utility of our leadership team. This new structure will also provide the opportunity for many others throughout the organization to “step up” into new roles.

As an organization, we have to invest in our talent and create development opportunities for our people. I expect all of our leaders and managers to help their teams learn and grow every single day, just as I am doing with mine.

I ask all of you to join our first HP Inc. All Employee Meeting at 9:00 am Pacific today; we’ll address these changes and discuss how we’re creating a new HP. A replay will be available at the same link.



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