Veghte to Set Strategy for HP
Hewlett-Packard has added chief strategy officer to former Microsoft veteran Bill Veghte's titles, the company announced Tuesday.
Veghte will continue to serve as executive vice president of HP software but will also define strategy at the company, which has charged him with keeping HP on the cutting edge of innovation, HP said in a statement. In addition, Veghte will lead HP's cloud and webOS open-source initiatives.
He's done well in his current position, weathering the storm that accompanied the revolving door at the helm of HP. In the most recent fiscal year, Veghte grew HP's software business by 18 percent, the company said.
Veghte joined HP in May 2010, just months before Mark Hurd resigned as CEO after being accused of sexual harassment. Hurd was followed by Leo Apotheker, who lasted less than a year. Meg Whitman is now CEO at HP.
Veghte previously spent 19 years at Microsoft, which he left after being passed over for the top position in the Windows division.