Breaking: HP Chief Executive Dion Weisler is stepping down as leader of one of the world’s largest PC makers later this year for family health reasons
By Patrick Thomas Aug. 22, 2019 4:10 pm ET HP Inc. HPQ -0.26% Chief Executive Dion Weisler is stepping down as the leader of one of the world’s largest PC makers later this year for family health reasons.
Related “The fundamental strength of the company has never been greater. Enrique is absolutely the right choice at the right time,” Mr. Weisler, who will remain on HP’s board, said in an interview. HP was the world’s No. 2 personal-computer maker by shipments in the second quarter, according to data from Gartner Inc.
For the quarter ended July 31, HP’s profit was $1.18 billion, or 78 cents a share, compared with $880 million, or 54 cents a share, a year ago. Analysts surveyed by FactSet were expecting earnings of 53 cents a share.
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