HP Inc. Names Bruce Broussard to Board of Directors

Rhea-AI Summary

HP Inc. (NYSE: HPQ) has appointed Bruce Broussard, the current President and CEO of Humana, to its Board of Directors. Broussard brings diverse leadership experience from both public and private sectors, particularly in healthcare and health technology. His previous role as CEO of McKesson Specialty/US Oncology further enriches his profile. This addition aims to enhance HP's commitment to transformation and long-term value creation, according to Chair Chip Bergh. The HP Board of Directors is recognized for its diversity within the tech industry.

Positive

• Bruce Broussard's extensive experience in healthcare and technology could bring valuable insights and direction.
• The appointment supports HP's strategy for transformation and long-term value creation.

Negative

• There may be concerns regarding the continuity and experience gaps as Broussard transitions into his role on the board.

PALO ALTO, Calif., June 22, 2021 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced the appointment of Bruce Broussard to its Board of Directors. Broussard currently serves as President and Chief Executive Officer of Humana, one of the world’s leading healthcare companies.

“Bruce’s diverse leadership experience spanning public companies and private organizations, combined with his extensive expertise in the healthcare and health technology arenas, will be an excellent addition to our Board as we continue to transform HP and drive long-term value creation,” said Chip Bergh, Chair of HP’s Board of Directors.

Prior to joining Humana in 2011, Broussard was CEO of McKesson Specialty/US Oncology, Inc. US Oncology was purchased by McKesson in December 2010. At US Oncology, he served in a number of senior executive roles, including Chief Financial Officer, President, Chief Executive Officer and Chairman of the Board.

Broussard is a member of the Business Roundtable, the Business Council, and the American Heart Association CEO Roundtable. He is also a member of the Board of Directors of KeyCorp and Humana, and member and chair of America’s Health Insurance Plans (AHIP).

He holds a bachelor’s degree in Finance and Accounting from Texas A&M University, as well as a master’s degree in Business Administration from the University of Houston.

The HP Board of Directors is one of the most diverse of any technology company in the US. The full HP Board is listed at HP.com.

About HP Inc. 
HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at hp.com.

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FAQ

Who is Bruce Broussard and what is his role at HPQ?

Bruce Broussard is the newly appointed member of the Board of Directors at HP Inc. He serves as the President and CEO of Humana.

What expertise does Bruce Broussard bring to HPQ?

Broussard brings extensive leadership experience in healthcare and health technology, enhancing HP's strategic direction.

Why did HPQ appoint Bruce Broussard to the Board of Directors?

His diverse leadership experience is expected to aid in HP's transformation and long-term value creation efforts.

What is the significance of diversity on HPQ's Board of Directors?

HP's Board is noted for its diversity, which can lead to varied perspectives and improved decision-making.