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Here Are The 11 HP Board Hopefuls That Xerox Has Nominated

The list of candidates includes past and present senior executives from dozens of the world’s leading companies, including Aetna, United Airlines, Hilton Hotels, Novartis and Verizon.

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Taking It To The Voters

In its latest push to buy HP Inc., Xerox has nominated a full slate of directors for the printer giant with an aim to replace a board that already shot down its buyout offer.

A vote – set to take place this summer at HP’s 2020 annual stockholders meeting – could turn into a referendum on Xerox’s offer to buy the much larger HP. The copier’s bid for HP is $22 a share – $17 in cash, plus .137 shares of Xerox for each share of HP – has been shot down by the current HP board of directors.

In an announcement yesterday, Xerox CEO John Visentin said HP shareholders are backing Xerox’s offer.

“HP shareholders have told us they believe our acquisition proposal will bring tremendous value,” he said. “We believe HP shareholders will be better served by a new slate of independent directors who understand the challenges of operating a global enterprise and appreciate the value that can be created by realizing the synergies of a combination with Xerox.”

Below is a list of their nominees.

 
 
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