Research (J&T BANKA)
World markets  |  5.4.2013 9:10:51

Hewlett-Packard board changes

Following the recent AGM Hewlett-Packard, where some members of the Board were approved with only a slight majority, there is a renewal of the Board. Chairman Ray Lane resigns and temporarily replaces Ralph Whitworth. However, the Company will continue the search for a permanent replacement non-executive head of the Board. Additionally, two other members of the Board decided to leave the company in May and should be replaced by new independent members.Variation of the Board of markets is not taken positively, although in this case, investors are calling for change. Title after market close soon responded to the report slightly negative, but then stabilized at a closing value.

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