HP Names Bruce Broussard Interim CEO After Enrique Lores Exit

Hewlett-Packard’s board of directors has named Bruce Broussard as the company’s interim chief executive officer, following the departure of former CEO Enrique Lores. The decision was made as part of a leadership transition, with Broussard stepping in to guide HP during this interim phase while the board conducts a formal search for a permanent successor.

Key Highlights

• HP’s board has appointed Bruce Broussard as interim CEO following Enrique Lores’ departure, ensuring leadership continuity.
• Chairman Chip Bergh said the move is a crucial step as the company begins the search for a permanent chief executive.

In announcing the move, HP Chairman Chip Bergh described the appointment as “an important step” for the company, highlighting Broussard’s extensive leadership experience and ability to provide stable, strategic oversight during the executive transition. Bergh indicated that the board has full confidence in Broussard’s capability to lead the company and maintain continuity in operations.

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Broussard, who previously held key executive roles in the technology and services sector, has been entrusted with steering HP through this interim period while the board evaluates long-term leadership options. The company has emphasised that this change aims to balance stability with the continued execution of HP’s strategic priorities, including innovation, customer engagement, and competitive performance in its core markets.

HP’s board reiterated its commitment to a thorough and thoughtful selection process for the permanent CEO, signalling a focus on sustained growth and operational excellence amid evolving market conditions.