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New HP CEO Won't Rule Out Spin-Offs: Page 3 of 3

Some analysts and shareholders have advocated spinning off HP's printing or PC businesses to raise shareholder value. While CEO Mark Hurd didn't dismiss that possibility, he made it clear it's
March 30, 2005

Analysts noted that Hurd was a results-oriented manager at Dayton, Ohio-based NCR and executives who didn't meet expectations suffered repercussions. Hurd said he wouldn't change his approach at HP.

"I haven't changed my stripes," he said. "In the end, you are trying to drive a performance- and execution-oriented culture, and I can't imagine that there aren't people at HP that don't support that thesis."

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