Antonio Neri has been named #HewlettPackardEnterprise 's first president and CEO Meg Whitman has given him the task of streamlining its businesses. Neri, 49, was previously executive vice president and general manager of HPE's Enterprise Group, which includes servers, storage, networking, technology services, converged data center infrastructure, telecommunications and cloud solutions.
It is the latest in Whitman's efforts to reinvent what used to be Hewlett-Packard, an effort she began in 2015 by splitting the tech giant into HP Inc. (NYSE:HPQ) for PCs and printers and HPE (NYSE:HPE) for everything else.
She spun off HPE's enterprise services business in a merger with Computer Sciences Corp. in April, creating DXC Technology (NYSE:DXC).
Whitman has also added some enterprise software businesses through the acquisitions of Aruba, Niara, Simplivity, SGI and Nimble Storage.
But this hasn't produced the growth that HPE will need to grow and survive long-term. In the first half of its fiscal year that ended in April, the company said that its revenue from continuing business had shrunk by 11.5 percent to $15 billion and operating profit fell by 19 percent to $1.76 billion.
The company plans to cuts its costs by between $200 million to $300 million by November in moves that will include reducing discretionary expenses such as employee travel and cutting both contract workers and permanent staff.
Antonio is a veteran technology executive who has led some of the most important businesses and initiatives at HP during his 22 years with the company," Whitman said in the announcement of Neri's promotion, calling his work "invaluable to me as we have worked to establish the new Hewlett Packard Enterprise."
Before HP was split in two, Neri was senior vice president and GM for HP Servers and HP Networking. Prior to that, he led the HP Technology Services business unit which provided support and consulting services. He joined HP in 1995 as a customer service engineer in its Europe, Middle East and Asia call center.
Neri got a computer engineering degree from Universidad Tecnológica Nacional in Argentina and is a also a professor of arts and drawing.
http://www.bizjournals.com/sanjose/news/2017/06/21/meg-whitman-names-antonio-neri-hpe-president.html
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