HP Inc.

Board Diversity

Challenge

Recognizing the value of diversity in driving innovation, we created the two most diverse Boards of Directors in technology for HP Inc. and Hewlett Packard Enterprise.

Actions

With the separation of Hewlett-Packard Company into two new companies – HP Inc. and Hewlett Packard Enterprise in 2015, we had the opportunity to create two new Boards of Directors.

Over nine months, we took key actions to establish the two new, diverse Boards:

  1. Establish the goal: We set a clear goal of creating the most diverse Boards in technology.
  2. Ensure leadership support: We gained commitment from both CEOs and the existing Board members.
  3. Cast the net wide: We pushed our search firm to look broadly for diverse candidates and leveraged partnerships with affinity groups (e.g. Rainbow PUSH) to reach a more diverse pool of candidates.
  4. Drive a rigorous process: We met with our Nominating and Governance committee weekly to review and interview candidates and assemble the two new Boards rapidly.
  5. Never waver: We remained committed to our goal despite challenges and time pressures.

Outcomes

HP is recognized as having the most diverse Board of Directors of any U.S. technology company with 42 percent women and 25 percent under-represented minorities.  This diversity of thought at the highest levels of our organization helps to drive diversity and inclusion throughout HP, leading to great innovations and business results

Contact

Tom Suiter: [email protected]

Embracing diversity and inclusion is a business imperative for HP. We operate on the principle that diversity creates meaningful innovation and improves our company and our products and services. Corporations who prioritize diversity position themselves to better understand the needs and motivations of customers globally, and more fully reflect the markets they serve.

Dion Weisler, President and CEO, HP Inc.

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