Arik Hesseldahl

Recent Posts by Arik Hesseldahl

More Executive Moves At HP: Peter Bocian Out, Dave Donatelli Moving Up

A source familiar with the situation says Hewlett-Packard is about to lose another senior executive. The company is shortly to announce the departure of Chief Administrative Officer Peter Bocian for a job with an investment bank. Update: I initially named the firm that Bocian is said to be talking to, and then heard from my source that Bocian’s situation is not firmed up with any particular firm, so I took the name out. Obviously, it’s sort of a fluid situation.)

Our source also says that Dave Donatelli, executive vice president and general manager for enterprise servers, could be in line for a big promotion. He’s a 22-year EMC veteran. I’ve got several calls in to HP, but haven’t yet heard back.

Bocian joined HP in 2008 during the Mark Hurd era, following a one-year stint as CFO and chief administrative officer at Starbucks, and before that was a 24-year veteran of NCR, including a period as its CFO. At NCR he would have worked for its onetime-CEO Mark Hurd, who eventually became HP’s CEO. Hurd, of course, resigned suddenly last summer amid a bit of a scandal involving a marketing contractor, and eventually landed a job as co-president at Oracle.

Bocian is the latest senior executive to leave HP in recent week. The most notable was Marius Haas, the former head of the networking business. He left HP last month for a job with Kohlberg Kravis & Roberts. Others who have left recently include Tom Iannotti, a senior vice president who ran the enterprise business in the Americas, who retired, and Gary Budzinski, a senior vice president in HP’s services business. The Wall Street Journal summed up HP’s executive churn in a story last month.


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