HP INC. (NYSE:HPQ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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HP INC. (NYSE:HPQ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 26, 2017, Carl Bass, member of the Board of Directors (the “Board”) of HP Inc. (the“Company”) and Chair of the HR & Compensation Committee (the “HRC Committee”) of the Board informed the Board that he will be stepping down from the positions of Chair of the HRC Committee and member of the Board, effective as of September26, 2017. As a result, Stephanie Burns, who currently serves on the Board, has been appointed to serve as the Chair of the HRC Committee effective as of such time. In connection with Mr. Bass’s stepping down from the Board, the vesting of his outstanding restricted stock units granted to him in 2017 for his Board service has been accelerated to September 26, 2017. In addition, the Board has fixed the size of the Board at ten directors, effective upon and as of Mr.Bass’s departure.


About HP INC. (NYSE:HPQ)

HP Inc. is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. Its segments include Personal Systems, Printing and Corporate Investments. The Personal Systems segment provides Commercial personal computers (PCs), Consumer PCs, workstations, thin clients, Commercial tablets and mobility devices, retail point-of-sale systems, displays and other accessories, software, support and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions and services, as well as scanning devices. The Corporate Investments segment includes the operations of HP Labs and certain business incubation projects.

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