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HP Reassures Partners That Channel Teams Remain Focused On Objectives

By Steven Burke
August 12, 2010    11:46 AM ET

Page 3 of 3

Here is the full HP Email blast to Partners:

Dear HP Partners:

In the wake of last week’s news, we want to assure you that HP’s channel teams remain absolutely focused on our objectives to deliver a broad and profitable line of products and services to our partners. HP’s commitment to the channel is a core component of its go to market strategy.

Just this week, Cathie Lesjak, HP CFO and interim CEO, reiterated to the financial community and to our employees that our strategy of growing our product portfolio and our focus on selling to and leveraging our channel partners will not change.

A key strength for HP is our channel’s ability to navigate through challenging times; delivering the best products, services and consulting to our mutual customers. Today, it is more important than ever for us to work together to maintain our channel momentum.

We will continue our Executive Connection series and are looking forward to conducting our next Americas Partner Conference in 2011. The Americas channel leadership team and executives from all of our business units are gathering this week to discuss how to better leverage our resources, improve our operations and better serve our channel. Our three key goals remain the same:

• Simplification of our programs and processes

• Better alignment with our business units

• Streamlining our PartnerONE programs

The HP executive management team remains passionate about the channel and is prepared to continue executing against our strategy to provide strong support for our partners and to generate new business growth that outpaces the market. Our strong executive team and winning long-term strategy will help us continue to drive growth.

The HP board has begun a search for a new CEO. Lesjak and the executive committee are working to drive a seamless executive transition and clearly understand the importance of our channel as a key competitive advantage.

Thank you for your continued loyalty and support. We look forward to working with you to grow together in the months and years ahead.

Best regards,

Stephen DiFranco Vice President and General Manager Americas Solution Partners Organization - HP

John Cammalleri Vice President Solution Partners Organization – HP Canada

Adriana Flores Vice President Solution Partners Organization – HP Latin America

Frank Rauch Vice President, Channel Sales HP Enterprise Servers, Storage and Networking

Scott Strubel Vice President HP Software

David Twohy Vice President HP Technology Services



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