Press Release: June 05, 2007
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HP Appoints Randall Runk to Lead U.S. Enterprise Sales

PALO ALTO, Calif., June 5, 2007

HP today announced the appointment of Randall C. Runk as senior vice president of U.S. sales for the company’s Technology Solutions Group (TSG), with immediate effect.

Runk, 55, will focus on growing enterprise sales revenue and margin, optimizing go-to-market sales coverage in global and enterprise accounts, and expanding mid-market coverage working with HP’s channel organization.

In addition, Runk is responsible for the U.S. software business unit sales and for alliance sales and support. He will report to Jack Novia, managing director and senior vice president of TSG in the Americas.

Runk comes to HP from Oracle Corp., where he was most recently senior vice president of North America Strategic Account Sales.

“Randy is one of the most senior sales leaders in the technology industry, with more than two decades of experience building relationships and selling to the country’s top CIOs,” said Novia. ”His track record of successfully leading top-notch sales organizations makes him a perfect fit to lead our U.S. enterprise sales business.”

At Oracle, Runk was responsible for leading the North America sales force of 1,000 professionals in selling a broad range of business application software and database technology to 300 top customers. Previously, he was the senior partner responsible for PricewaterhouseCoopers LLP’s North America Oracle Practice, a consulting operation of more than 500 professionals. He joined Price Waterhouse in 1982 and became a partner in 1990.

Runk has a bachelor of arts in foreign service and international politics and a master’s degree in public administration from Pennsylvania State University.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $97.1 billion for the four fiscal quarters ended April 30, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2007 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.