Last week, HP CEO Meg Whitman tapped Bill Veghte to take over the company’s “disappointing” Autonomy business unit. This week, the company named Veghte as its new COO and brought in George Kadifa of Silver Lake Partners to spearhead software.
All of this is in service of fixing HP’s enterprise software franchise, which was a key priority for Whitman and her ill-fated predecessor Leo Apotheker. HP bought Autonomy for $10.2 billion last year in a deal that closed in October. Six months later, it booted Autonomy’s founder Mike Lynch and put Veghte in his place
According to the HP statement addressing Kadifa’s hiring:
Kadifa a 30-year veteran of the IT industry, will report to Meg Whitman, president and chief executive officer, HP, and will join the HP executive council. He 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.
HP is still dealing with issues that have plagued it for years. It is a hardware company struggling to get and stay relevant by moving more into enterprise software and cloud computing — the latter in an aggressive push led by Zorawar “Biri” Singh. But turmoil at the top — as evidenced by the bizarre succession of three CEOs in as many years — continues to sting the company.