HP appoints George Kadifa as new head of software
HP announced on Wednesday that it has promoted Bill Veghte to the position of Chief Operating Officer while George Kadifa has been appointed executive vice president of the company’s software business.
Kadifa — who joined the Palo-Alto, California-based company from global technology investment firm Silver Lake where he was responsible for driving operational improvement and growth — will lead HP’s multibillion dollar IT Performance Suite software portfolio, which enables enterprise IT organizations to manage and secure IT from applications to infrastructure in the cloud and on premise across platforms.
He has held executive positions at both IBM and Corio and will now join the HP executive council, reporting to the company’s CEO Meg Whitman.
“George brings a wealth of experience gained at traditional software companies, service providers and startups,” said Whitman. “His ability to manage multiple business models will prove extremely valuable to HP as we extend our software offerings in cloud, information and security.”
Veghte will be working on aspects of company strategy, working closely with Whitman, and will be concentrating on key projects affecting the company’s operational success.
“Bill has done an excellent job delivering strong results in HP Software, and more recently helping us focus our efforts in the execution of our strategy,” said Whitman. “With Bill‘s additional responsibilities, I am confident we can accelerate progress across our portfolio of assets.
Both roles are effective immediately.
The appointments were made just one week after HP confirmed that 27,000 workers — eight per cent of its workforce — will lose their jobs by the end of 2014 as a result of the company’s restructuring plans.