HP has announced that its board of directors has named Mark Hurd to serve as the company's chief executive officer and president.
Hurd, 48, has served since March 2003 as president and chief executive officer of NCR Corp., where he has spent his 25-year career in a range of general management, operations and sales and marketing positions.
Prior to his current responsibilities, he was NCR's president and chief operating officer, responsible for driving the performance of the company's five business units. Previously, Hurd served three years as president and chief operating officer of the company's Teradata division, which he built to be a global leader in enterprise data warehousing, analytic applications and data warehousing services.
Patricia Dunn, HP's non-executive chairman, said that the HP board unanimously selected Hurd based on his track record leading a complex organization, as well as his strong executive and personal qualities.
Hurd will take up his new duties on 1st April and join HP's board. He succeeds Robert Wayman, a 36-year company veteran who has been chief financial officer since 1984 and was named interim chief executive officer in February 2005 when Carly Fiorina left the post. Wayman, 59, will remain CFO and continue to serve as a member of HP's board.