The Miami Entrepreneur

: HPE announces major change to organizational structure, executive leadership

Hewlett Packard Enterprise Co. HPE on Tuesday announced a significant change to the company’s operational model. According to a blog post from Chief Executive Antonio Neri, the company is creating a Hybrid Cloud business unit, to be led by HPE Chief Technology Officer Fidelma Russo. The unit combines the HPE GreenLake platform with the technologies and services of HPE Storage, HPE GreenLake Cloud Services Solutions and the current Office of the CTO organization. The change, which goes into effect Nov. 1, is designed to bring greater focus, faster execution, and a unified, end-to-end experience for customers and partners, a company spokeswoman said in an email message. HPE’s stock was flat in after-hours trading Tuesday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Eli Lilly sues clinics allegedly selling knockoff versions of Mounjaro diabetes drug
Next post : JPMorgan Chase’s board hikes dividend by 5%