HP is reportedly considering reducing the day-to-day responsibilities of chairman and chief executive officer Carly Fiorina as part of the company’s attempt to boost its overall performance.
A report in the Wall Street Journal claims that the HP board recently met to discuss giving some of Fiorina’s responsibilities to three other senior directors because of the uneven performance of HP across the group.
The paper reports that the board does not want to undermine its chairman and CEO, but feels that giving the three executives more authority will help HP to respond more quickly to customer demands and increased market competition.
The three HP executives considered for more group responsibility are Vyomesh Joshi, who heads HP's printing and personal-computing division; Ann Livermore, head of services and enterprise computing; and chief technology and strategy officer Shane Robison. Joshi was appointed as head of his division after HP merged its printing and personal computing businesses on 14 January.
HP admitted to the paper that the board had met to discuss structural changes before this business merger, but said the paper’s report concerning Fiorina and further change was speculation. HP said no other senior changes were due in the near future.