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Monday, Sep 26, 2022

San Diegan a Consideration as HP’s New CEO

Carly Fiorina’s departure from Hewlett-Packard Co. has some wondering whether a San Diego resident has a shot at the top job.

He is Vyomesh Joshi, the 50-year-old executive vice president who has led HP’s Imaging and Printing Group for three years. In January, the company expanded the management responsibilities of Joshi, known internally as V.J., to include HP’s computer division.

HP employs roughly 2,000 people at its Rancho Bernardo campus, where Joshi maintains an office.

During a conference call about Fiorina’s departure Feb. 9, a Goldman Sachs analyst asked whether the company was concerned about “someone, for example, like V.J.,” leaving the company if he wasn’t considered a candidate.

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“In terms of internal and external candidates, we’re not ruling anything out, but we’re committed to a very thorough search for the most qualified candidate,” said Patricia C. Dunn, who was named nonexecutive chairman of the board after Fiorina’s departure.

“We anticipate that that’s an external candidate, but we don’t know for sure,” Dunn continued. “We also think that the management team here will be stable going forward.”

During the call, analysts also asked about the possibility that Hewlett Packard may spin off a division.

Fiorina had been chief executive since July 1999 and oversaw HP’s merger with Compaq. With her departure, the company named Robert Wayman, HP’s chief financial officer, as interim chief executive.

“While I regret the board and I have differences about how to execute HP’s strategy, I respect their decision,” Fiorina said in a statement issued by Hewlett-Packard. “HP is a great company and I wish all the people of HP much success in the future.”

Brad Graves


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