Ann Martinelli Livermore (born 23 August 1958) is a former Executive Vice President at Hewlett-Packard, where from 2004 until June 14, 2011, she led the HP Enterprise Business business unit of HP. After being relieved of day-to-day operations, she was elected to the board of directors of HP.[1] At the time, she was a 29-year veteran of the company and among existing senior management, the longest-service executive.[2]
Livermore came to HP right out of graduate school. Livermore has been at HP since 1982 and has worked in a variety of sales, marketing, and research and development jobs before being elected a corporate vice president in 1995.[5]
In 1998, when head of HP's software and services business, the company's top executives agreed to put themselves through a 360-degree evaluation. Livermore observed:
"I learned that I'm a very, very well-controlled executive, but that my employees like when I go off the handle every once in a while, you know, show my human side - It reinforced that leadership means touching people's hearts as well as their brains, so since then I haven't worried so much about keeping my lid on."[citation needed]
Livermore has been credited with steering HP away from its decentralized culture and hardware mentality and was the brains behind HP's E-services strategy.[6] When HP CEO Lewis Platt announced in March 1999 that he would step down, Livermore confirmed that she wanted the job. Insiders say Livermore was the only internal candidate who made the short list, but, in July 1999, HP made the former Lucent Technologies executive Carly Fiorina the first female CEO of a Dow 30 company.[7]
Beginning in 2004, Livermore led HP's Technology Solutions Group (renamed HP Enterprise Business in 2009), a US$30 billion-plus business that encompassed storage and servers, software and services. The products and services from this organization serve HP's business customers of all sizes in more than 170 countries. Once thought of as a costly distraction, this group is now seen as a source of future growth. Livermore's name was mentioned as a possible candidate to take over at HP when Carly Fiorina was ousted in February 2005 as CEO. Mark Hurd from NCR Corp. was instead picked to be HP's new CEO.[8]
In the wake of HP pressuring employees to accept a 5% pay cut, it was revealed that Livermore's 2008 total compensation amounted to $20,551,493. In the same year, Mark Hurd as CEO reported his compensation to be $42,514,524.[9][10]
On May 13, 2008, Hewlett-Packard Co. confirmed that it had reached a deal with Electronic Data Systems to acquire the company for $13.9 Billion. The deal was completed on August 26, 2008. EDS became an HP business unit and was renamed "EDS, an HP company." Ronald A. Rittenmeyer remained at the helm, reporting to Ann Livermore until his retirement.[citation needed]
With Mark Hurd's August 2010 departure, Livermore was once again a possible candidate for the top job, however lost out to former SAP CEO, Léo Apotheker.[11]
Livermore was named in Fortune and Forbes annual ranking of America's leading businesswomen.[12][13] As of 2011, her business unit was $60 billion which was half of total HP revenues and encompassed two-thirds of total HP staff.[2]
On June 14, 2011, Livermore was replaced as head of HP Enterprise, as her top lieutenants, Dave Donatelli, software head Bill Veghte, and global sales leader Jan Zadak, were to report directly to the CEO. She was reportedly forced out since total services revenue had grown just 1% in the most recent fiscal year, despite the earlier acquisition of EDS in 2008.[2]
Compaq Computer Corporation was an American information technology company founded in 1982 that developed, sold, and supported computers and related products and services. Compaq produced some of the first IBM PC compatible computers, being the second company after Columbia Data Products to legally reverse engineer the BIOS of the IBM Personal Computer. It rose to become the largest supplier of PC systems during the 1990s before being overtaken by Dell in 2001. Struggling to keep up in the price wars against Dell, as well as with a risky acquisition of DEC, Compaq was acquired for US$25 billion by HP in 2002. The Compaq brand remained in use by HP for lower-end systems until 2013 when it was discontinued. Since 2013, the brand is currently licensed to third parties for use on electronics in Brazil and India.
Marc Lowell Andreessen is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He co-founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites and an inductee in the World Wide Web Hall of Fame. Andreessen's net-worth is estimated at $1.7 billion.
Lewis Emmett Platt was an American businessman and corporate director, who was chairman, president and chief executive officer of Hewlett-Packard.
Cara Carleton "Carly" Fiorina is an American businesswoman and politician, known primarily for her tenure as chief executive officer (CEO) of Hewlett-Packard (HP) from 1999 to 2005. Fiorina was the first woman to lead a Fortune Top-20 company.
HP Autonomy, previously Autonomy Corporation PLC, was an enterprise software company which was merged with Micro Focus in 2017 and OpenText in 2023. It was founded in Cambridge, United Kingdom in 1996.
Mark Vincent Hurd was an American technology executive who served as Co-CEO and as a member of the board of directors of Oracle Corporation. He had previously served as chairman, chief executive officer, and president of Hewlett-Packard, before his forced resignation in 2010. He was also on the board of directors of Globality and was a member of the Technology CEO Council and board of directors of News Corporation until 2010.
Fortify Software, later known as Fortify Inc., is a California-based software security vendor, founded in 2003 and acquired by Hewlett-Packard in 2010, Micro Focus in 2017, and OpenText in 2023.
Robert P. Wayman was the former chief financial officer (CFO) of the Hewlett-Packard Company from 1984 to 2006. He served as the company's interim CEO in 2005, and was an executive vice president, as well as a member of the H-P board of directors. He died on July 22, 2022.
Patricia C. Dunn was the non-executive chairman of the board of Hewlett-Packard (HP) from February 2005 until September 22, 2006, when she resigned her position.
Ann O'Neil Baskins is former General Counsel for Hewlett-Packard Company (HP). Baskins was linked to the HP pretexting scandal. On September 28, 2006, following public disclosure of the matter, Baskins resigned effective immediately, hours before she was to appear as a witness before the House Committee on Energy and Commerce at which she would later invoke the Fifth Amendment to "not be held to answer for a capital, or otherwise infamous crime." Baskins was never charged by California or federal authorities.
Léo Apotheker is a German business executive. He briefly was the chief executive officer of Hewlett-Packard from November 2010 until his dismissal in September 2011. He was co-chief executive officer of SAP from April 2008 until he resigned in February 2010 following a decision by SAP not to renew his contract.
3PAR Inc. was a manufacturer of systems and software for data storage and information management headquartered in Fremont, California, USA. 3PAR produced computer data storage products, including hardware disk arrays and storage management software. It became a wholly owned subsidiary of Hewlett Packard Enterprise after an acquisition in 2010.
Vyomesh "VJ" Joshi was 3D Systems CEO and president, and was the executive vice president of Hewlett-Packard Company's Imaging and Printing Group. He also served as the executive sponsor for all HP operations and initiatives in India and was a member of HP's executive council.
ArcSight, Inc. was an American software company that provided security management and compliance software packages for enterprises and government agencies. The company was acquired by Hewlett-Packard (HP) in 2010. When HP split into two companies, HP Inc. and Hewlett Packard Enterprise, HP's ArcSight subsidiary was transferred to the latter company. HPE later sold the ArcSight subsidiary to Micro Focus. OpenText acquired Micro Focus in 2023.
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses (SMBs), and fairly large companies, including customers in government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of 'Silicon Valley'".
Mary T. McDowell is an American technology executive. From 2019-2021, she was CEO of Mitel, a global business communications provider. Prior to that, McDowell was CEO for Polycom from 2016 until its sale to Plantronics in 2018. While at Polycom, she led a strategic pivot to open ecosystems and bought Obihai to strengthen the company’s phone and cloud products. She is on the boards of Autodesk and Informa plc.
This List of Hewlett-Packard executive leadership includes chairmen, presidents and CEOs of Hewlett-Packard.
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas.
↑ Benner, Katie; Levenson, Eugenia; Arora, Rupali. "50 Most Powerful Women in 2007". money.cnn.com. Archived from the original on 24 December 2007. Retrieved 2008-01-24.
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