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HP Inc. Names Gianluca Pettiti to Board of Directors

1. HP Inc. appoints Gianluca Pettiti to its Board. Appointment is effective immediately. 2. Pettiti brings global expertise from Thermo Fisher. He specializes in digital and AI innovations. 3. His appointment may boost HP’s technology strategy. It signals a focus on AI-driven growth. 4. HP’s leadership praises his record. His data-driven approach could enhance long-term innovation.

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Why Bullish?

The appointment of Pettiti, with his deep digital and AI background, signals a strategic shift toward innovation. Similar board appointments in tech firms have previously boosted investor confidence and strategic positioning over time.

How important is it?

While the news is not a market-moving event in isolation, the strategic expertise Pettiti offers is poised to enhance HP's long-term innovation agenda and competitive stance.

Why Long Term?

Board appointments generally influence strategic direction and operational improvements seen over multiple quarters. Historical examples indicate that tech-centric leadership changes yield benefits gradually rather than immediate price moves.

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TMO
PALO ALTO, Calif., Feb. 21, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced the appointment of Gianluca Pettiti to its Board of Directors. Mr. Pettiti is Executive Vice President and President, Life Sciences, Diagnostics and Applied for Thermo Fisher Scientific Inc., a global life sciences company. His appointment is effective immediately. "We’re excited to welcome Gianluca to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "He brings invaluable global expertise and a proven track record of fostering innovation at the intersection of technology and life sciences. His experience spearheading digital and AI initiatives will be instrumental in advancing our business priorities." Mr. Pettiti's leadership at Thermo Fisher along with his passion for technology and innovation have been instrumental supporting the growth of the company over the last two decades. Thermo Fisher today is globally recognized as the world leader in serving science, a trusted partner for its many customers and one of the world’s most admired companies. Mr. Pettiti is deeply committed to advancing the applications of technology across the industry and serves as a board member at the Italian Institute of Technology, a leading research institute in robotics and AI. "We are pleased to have Gianluca join our Board of Directors," said HP Inc. President and CEO, Enrique Lores. "His broad international career, experience infusing AI into new industries, and passion for data-driven decision-making will bring new thought leadership to our AI initiatives, helping us create better and more fulfilling experiences for our customers." Mr. Pettiti holds a Master of Science in Engineering from Politecnico di Torino, which recognized him as an Alumnus Testimonial in 2017 for his contributions to innovation. He has also authored several influential articles on AI and digital transformation in healthcare. The full HP Board is listed at HP.com. About HP Inc. HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com.

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