Capellas Quits As No. 2 At Hewlett-Packard

Capellas, who came to HP as part of its $19 billion acquisition of Compaq Computer in May, is leaving the Palo Alto, Calif.-based company to "pursue other career opportunities,' according to an HP statement.

In the statement, HP chief executive Carly Fiorina said the merger integration had "reached a natural transition point' and added that she supported his decision.

"I'm comfortable making this move because of the progress of the integration, HP's market momentum and the strength of the management team,' Capellas said in the statement. "I have tremendous respect for Carly and her leadership. I could not be more proud of our accomplishments and I have every confidence in the future success of the company.'

An HP spokeswoman did not immediately return calls seeking comment.

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