The 10 Biggest HP Stories Of 2012


3. HP Shuffles Executive Leadership Of Software Unit

HP in May promoted Bill Veghte, who had been leading HP's software business in his role as chief strategy officer, to chief operating officer. At the same time, HP hired George Kadifa (pictured), a venture capitalist and former CEO of application service provider Corio, to run the software unit.

Kadifa is the latest HP executive tasked with taking HP's software business to the next level. Despite the unit's solid financial results over the course of the past year, software still only accounts for about 3 percent of HP's overall revenue.

In September, HP hired Robert Youngjohns, who had spent the previous five years at Microsoft, to run its troubled Autonomy business.

 



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