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- Monday, January 30, 7:27 PM Hewlett Packard (HPQ) says former Verizon Communications president Lawrence Babbio has decided not to seek re-election to the company's board of directors. The news comes 10 days after HP said that former Nokia Networks chief Sari Baldauf wasn't planning to seek re-election to the board either. Babbio has been on the board since 2002 and Baldauf joined in 2006.
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