BREAKING NEWS:
 
 
 

HP merges Imaging & Printing and Personal Systems

HP  mergers & acquisitions 
HP has merged its Imaging and Printing Group and Personal Systems Group in an effort to accelerate profitable growth, leverage the power of its portfolio and strengthen its market position. The newly formed Imaging and Personal Systems Group (IPSG) will be led by Vyomesh Joshi, a 24-year veteran of HP, who has served for three years as executive vice president of the Imaging and Printing Group.

Duane Zitzner, former executive vice president of the Personal Systems Group, has retired from HP after 15 years with the company. Zitzner, 57, played a key role in HP’s success.

Carly Fiorina, HP chairman and chief executive officer, says, "Over the past few years, Duane has led the Personal Systems Group through a significant turnaround, with profitability improvements in each year. He has successfully stabilised the business, returned it to profitability and growth, and leaves it in a healthy position for continued improvement under Vyomesh.

"I want to thank Duane for his many outstanding contributions to HP and wish him a wonderful retirement.”

The establishment of the IPSG business brings together HP’s Imaging and Printing Group, responsible for the company’s printer, imaging and supplies business, projectors and digital cameras, with the Personal Systems Group, which includes desktop and notebook PCs, handheld products, personal storage appliances and workstations.


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