- Hewlett Packard Enterprise (HPE, Financial) appoints Robert Calderoni to its Board to support ongoing strategic transformation.
- A new Strategy Committee is formed to identify opportunities for value creation, chaired by Calderoni.
- HPE enters a cooperation agreement with Elliott Investment Management to enhance dialogue and shareholder value.
Hewlett Packard Enterprise (HPE), a leading provider of enterprise technology solutions, announced significant enhancements to its Board structure as part of its ongoing transformation efforts. The appointment of Robert Calderoni, a seasoned technology executive with extensive experience, aims to bolster the company's strategic pursuits. Calderoni, who is currently the Chairman of KLA Corp., joins the Board effective July 16, 2025.
To further support these efforts, HPE has established a new Strategy Committee of the Board. This committee will evaluate business strategies and seek additional value creation opportunities. Calderoni will chair this new committee, which includes Board members Gary Reiner, Raymond Lane, and Charles Noski. Calderoni will also participate in the HPE Integration Committee, which was established following the completion of HPE's acquisition of Juniper Networks.
In collaboration with Elliott Investment Management, HPE has entered into a cooperation agreement that includes an information-sharing protocol. This agreement aims to foster ongoing dialogue and may allow Elliott to appoint a representative to the HPE Board under specific conditions outlined in the agreement. The complete details of this agreement will be filed in an 8-K form with the Securities and Exchange Commission.
Pat Russo, Chair of the HPE Board, expressed confidence in Calderoni's appointment and the potential for strategic alignment, especially in light of the recent Juniper Networks acquisition. Calderoni brings valuable experience in networking, infrastructure, and software, reinforcing HPE's capacity to innovate and deliver shareholder value.
This strategic update reflects HPE's commitment to leveraging expert insights and operational synergies to optimize enterprise value and transformation efforts.
