by CIO Staff

HP CFO Wayman to Step Down; Treasurer Lesjak Will Take Post

Dec 11, 20061 min

Hewlett-Packard (HP), the world’s leading producer of PCs, on Monday said that Bob Wayman, its chief financial officer (CFO), will step down from his position at the end of 2007, and its current Treasurer Cathie Lesjak will take up the post, the AP reports via

Sixty-one-year-old Wyman, who was HP’s interim chief executive officer in 2005, will hold his seat on the firm’s board of directors until March 2007, when its annual meeting is held, according to the AP.

Forty-seven-year-old Lesjak has been with HP for two decades, and she’s held the post of treasurer and senior vice president since 2003, the AP reports.

In related news, HP recently settled a civil suit filed over its highly-publicized spying scandal for $14.5 million dollars, though a number of HP executives and private investigators contracted by the firm still face criminal charges.

Related Links:

  • HP Spying Scandal ( exclusive feature)

  • HP Quadruples Income for 4th Quarter

  • HP Pays $14.5M to Settle Civil Suit Over Spying

  • HP Overtakes Dell in Global PC Space

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