UPDATED 10:21 EDT / MAY 23 2011

HP Top Level Changes, Says GoodBye to Three Senior Executives

Hewlett-Packard  is saying goodbye to three senior executives from the organization. These include Marius Haas, Tom Iannotti and Gary Budzinski, due to the reason that new chief executive officer Leo Apotheker has shifted the company’s strategy. Marius Haas, who was senior vice president and worldwide general manager of the HP Networking Division, has joined Kohlberg Kravis & Roberts LP as an industry advisor. Enterprise services chief Iannoti is reportedly retiring. Computer maintenance chief Budzinski is also leaving, but his departure details are still unknown.

Along with HP, other companies which are undergoing shuffles in their management, include Citrix. The company recently hired two senior executives, namely Simon Hayes and Joe Keller. Hayes is headed to Cisco, and will assume the position of Vice President of Strategic Alliances, while Joe Keller is a former Sun-executive and takes on challenges on his Vice President of Alliance and Community Marketing role.

According to the official press release: “Hayes will be responsible for global business development and technology partnerships that align with the Citrix strategy for cloud computing, networking and virtualization.  Keller will oversee the team responsible for driving marketing leverage across Citrix global strategic alliance partners, and oversee the rapidly-growing community of technology and IT professionals around the world who interact with Citrix products every day.”

Similarly, Cisco has also hired Juniper Networks’ executive David Yen to lead its server access and virtualization technology group, the latest change in a shakeup of the networking-equipment maker that began a restructuring plan last month. Yen will take the position of Mario Mazzola, Prem Jain and Luca Cafiero, who will now take on advisory roles.

Coming back to HP, the company is not experiencing very good timing on the profits front, as it lowered its profit forecast, damping optimism about the company’s economic outlook. This in turn has also affected the U.S. stocks futures, which on the Dow Jones Industrial Average declined 22 points, or 0.2 percent, to 12,487 last week.

But HP trudges along nevertheless; the company made a very significant announcement about two developments: it has launched a brand new financing offering, and its HP ProLiant DL980 G7 and HP ProLiant DL580 G7 systems are now among the first of its servers to be certified for running SAP HANA.


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