3000 Hanover Street
Palo Alto, CA 94304

Tel: 650/857-1501  
Fax: 650/857-5518 

Web: http://www.hp.com/hpinfo/

Hewlett Packard (HP) is a Fortune 11 technology company that operates in more than 170 countries around the world. HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing.

Stanford University classmates Bill Hewlett and Dave Packard founded HP in 1939. The company's first product, built in a Palo Alto garage, was an audio oscillator—an electronic test instrument used by sound engineers. One of HP's first customers was Walt Disney Studios, which purchased eight oscillators to develop and test an innovative sound system for the movie Fantasia.

Still based in Palo Alto, CA, the company with more than 150,000 employees world wide, generated more than $91.7 billion in total revenue last year. ( four quarters ending 10-31-06)  Each year the company spends more than $3.5 billion of these funds on technology research and development.   HP focuses on how technology and services can help people and companies address their problems and challenges, and realize their possibilities, aspirations and dreams.

CEO
Mark Hurd

Mark Hurd has been chief executive officer and president of HP and a member of the company's board of directors since early 2005. In September 2006, he was named chairman of the board.

With the goal of establishing HP as the world's leading information technology company, Hurd has sharpened HP's strategic focus and concentrated its R&D investments on three long-term growth opportunities: next-generation enterprise data center architecture and services; technologies for always connected, always personal mobile experiences; and a broad transition from analog to digital imaging and printing across the consumer, commercial and industrial markets.

At the same time, Hurd has improved HP's operating efficiency and execution as well as its financial performance and customer focus. The result has been increasing growth and profitability, greater value for shareholders and customers, and a stronger competitive position in global IT markets. For the four fiscal quarters, HP revenue totaled $91.7 billion.

Prior to joining HP, Hurd spent 25 years at NCR Corp., where he held a variety of management, operations, and sales and marketing roles that culminated in his two-year tenure as chief executive officer and president. His leadership was marked by successful efforts to improve operations, bolster the position of NCR's product line and build a strong executive team.

Hurd is a member of the Technology CEO Council, a coalition of chairmen and chief executive officers of IT companies, which develops and advocates public policy positions on technology and trade issues.

He earned a bachelor's degree in business administration in 1979 from Baylor University.

 

Board of Directors

Lawrence T. Babbio, Jr. - Director since 2002

Mr. Babbio has served as Vice Chairman and President of Verizon Communications, Inc. (formerly Bell Atlantic Corporation), a telecommunications company, since 2000. He was a director of Compaq Computer Corporation ("Compaq") from 1995 until HP's acquisition of Compaq in May 2002. Mr. Babbio is also a director of ARAMARK Corporation.

Sari  M. Baldauf - Director since 2006

Ms. Baldauf served as Executive Vice President and General Manager of the Networks business group of Nokia Corporation ("Nokia"), a communications company, from July 1998 until February 2005. She previously held various positions at Nokia since 1983. Ms. Baldauf also serves as a director at SanomaWSOY, F-Secure, the Savonlinna Opera Festival and on the Global Board of the International Youth Foundation.

 

Richard  A. Hackborn - Director since 1992

Mr. Hackborn served as HP's chairman of the board of directors from January 2000 to September 2000. In September 2006 he was designated lead independent director. Prior to retiring from HP in 1993 after 33 years of service, he held several top management positions at the company. From 1990 until his retirement, he was responsible for HP's PC and personal information product business. His leadership and design engineer background resulted in the integration of HP's early minicomputer and high-frequency test instrumentation businesses. In 1979, Mr. Hackborn served as general manager and then vice president of the printing business, where he was responsible for the development of key HP printing technologies, such as inkjet and laser printing, and for the design and manufacture of non-impact print technologies.

 

John H. Hammergren - Director since 2005

Mr. Hammergren has served as Chairman of McKesson Corporation ("McKesson"), a healthcare services and information technology company, since July 2002 and as President and Chief Executive Officer of McKesson since April 2001. From July 1999 to April 2001, Mr. Hammergren served as Co President and Co Chief Executive Officer of McKesson. Mr. Hammergren is also a director of Nadro, S.A. de C.V. (Mexico) and Verispan LLC.

 

Mark  V.  Hurd - Director since 2005

Mr. Hurd became chief executive officer and president of HP, and joined HP’s board of directors, effective April 1, 2005. Mr. Hurd was named chairman of the board of directors September 22, 2006. Mr. Hurd served as chief executive officer of NCR Corp. from March 2003 to March 2005, and as president from July 2001 to March 2005. From September 2002 to March 2003, Mr. Hurd was the chief operating officer of NCR, and from July 2000 until March 2003, he was chief operating officer of NCR’s Teradata data-warehousing division. Mr. Hurd also served as executive vice president of NCR from July 2000 through July 2001.

 

Robert L. Ryan - Director since 2004

Mr. Ryan served as Senior Vice President and Chief Financial Officer of Medtronic, Inc., a medical technology company, from 1993 until his retirement in May 2005. He also is a director of UnitedHealth Group, General Mills and Black and Decker Corporation.

 

Lucille S. Salhany - Director since 2002

Ms. Salhany has served as President and Chief Executive Officer of JHMedia, a consulting company, since 1997. Since 2003, she has been a partner and director of Echo Bridge Entertainment, an independent film distribution company. From 1999 to March 2002, she was President and Chief Executive Officer of LifeFX Networks, Inc. From 1994 to 1997, Ms. Salhany was the Chief Executive Officer and President of UPN (United Paramount Network), a broadcasting company. From 1993 to 1994, she was Chairman of Fox Broadcasting Company, a national television network, and from 1991 to 1993 she was Chairman of Twentieth Television, a division of Fox Broadcasting Company. Ms. Salhany was a director of Compaq from 1997 until HP's acquisition of Compaq in May 2002.

 

G. Kennedy Thompson - Director since 2006

Mr. Thompson has served Wachovia Corporation as the Chairman of the Board since February 2003, President since December 1999 and Chief Executive Officer since April 2000. Previously, he served as Chairman from March 2001 to September 2001, and Vice Chairman, prior to December 1999, of Wachovia. Director, Wachovia Preferred Funding Corp. He has been a director at Wachovia Corporation since 1999.

 

Robert P. Wayman - Director since 2005

Mr. Wayman has served as Executive Vice President since December 1992 and Chief Financial Officer of HP ("CFO") since 1984. Mr. Wayman served as interim CEO from February 2005 through March 2005. He was elected to the Board in February 2005 and previously served on the Board from 1993 to 2002. Mr. Wayman is also a director of CNF Inc. and Sybase Inc.

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