- Sources tell Reuters Dave Donatelli and Todd Bradley, once the heads of H-P's (HPQ) enterprise hardware and PC/printing ops, are set to leave the IT giant after being reassigned in 2013. The execs are said to have "accepted a deal of new stock options in exchange for a quiet exit."
- Last June, Meg Whitman tasked Bradley with leading the company's Chine ops and channel partner expansion efforts. Two months later, Donatelli was reassigned to the role of "identifying early-stage companies with new technologies;" many have assumed his departure was only a matter of time.
- Donatelli reportedly wanted a spinoff of his unit, and both execs are said to have "disagreed with aspects of Whitman's vision."
- Judging by the Y/Y sales growth improvements H-P's PC, printer, and enterprise hardware ops delivered in the company's Oct. quarter, the reassignments seem to be working out for now.
Reuters: Two senior H-P execs sidelined by Whitman set to leave
Feb 5 2014, 09:16 ET