: HPE announces major change to organizational structure, executive leadership


Hewlett Packard Enterprise Co. HPE, +0.41% on Tuesday announced a significant change to the company’s operational model. According to a blog post from Chief Executive Antonio Neri, the company is creating a Hybrid Cloud business unit, to be led by HPE Chief Technology Officer Fidelma Russo. The unit combines the HPE GreenLake platform with the technologies and services of HPE Storage, HPE GreenLake Cloud Services Solutions and the current Office of the CTO organization. The change, which goes into effect Nov. 1, is designed to bring greater focus, faster execution, and a unified, end-to-end experience for customers and partners, a company spokeswoman said in an email message. HPE’s stock was flat in after-hours trading Tuesday.

This article was originally published by Marketwatch.com. Read the original article here.

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