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NCR boss fills Fiorina's shoes

Antony Savvas
New Asset  

HP has appointed NCR head Mark Hurd as its new chief executive and president.

 

 

 

Hurd (pictured) replaces Carly Fiorina, who left the company earlier this year after disagreements with the HP board over the future strategy of the company.

NCR's chief executive and president since March 2003, Hurd, 48, has spent the last 25 years at NCR in a variety of general management, operations and sales and marketing positions.

He also spent three years as president and chief operating officer of the company's Teradata division, which is a leading player in enterprise data warehousing, analytical applications and data warehousing services.

Patricia Dunn, HP non-executive chairman, said the board had selected Hurd because of his track record of "leading a complex organisation, as well as for his strong executive and personal qualities".

HP is an equally complex operation. Fiorina had to manage HP's merger with Compaq in addition to marrying the business needs of a profitable consumables business, a declining PC business, and enterprise hardware and services operations competing in increasingly tough markets.

Dunn said, "Mark came to our attention because of his strong execution skills, his proven ability to lead top-performing teams and his track record in driving shareholder value. He demonstrated these skills by turning around NCR, which, while smaller than HP, is a complex organisation with multiple business segments."

Hurd said, "HP is one of the world's great companies, with a proud history of innovation, outstanding talent and enviable positions in many of its product lines and services."

Hurd is a member of the Computer Systems Policy Project, a coalition of chairmen and chief executives of IT companies, which develops and advocates public policy positions on technology and trade issues.

He earned a bachelor's degree in business administration in 1979 from Baylor University.


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