Enrique Lores, current President of Imaging Printing and Solutions at HP – a $20 billion business engineering ink and laser-based solutions that provide a faster, more affordable, exciting way to print, manage, and realize content, was appointed as the new CEO of HP. The news comes after Dion Weisler declared that he is stepping down from his position.
Lores joined the company as Vice President of Imaging and Printing Group, EMEA in 2001. Throughout his 26-year tenure with HP, Enrique has held leadership positions across the organization. Most recently leading the Separation Management Office for HP Inc., he executed one of the largest and most complex corporate separations in history.
Lores served as the Senior Vice President and General Manager for Business Personal Systems. He also served as Senior Vice President of Customer Support & Services (CCS). Previously, Lores was the Senior Vice President of the Worldwide Customer Services & Sales organization.
Lores was with HP for almost 30-years now. Recently, he was involved with Samsung printer business acquisition.
Chip Bergh, chair of HP’s board of Directors said, “Enrique is an inspiring and proven business leader and is the right person to lead HP into the future. Since the time of separation, the board has had an ongoing and diligent succession planning process that included vetting and benchmarking internal and external candidates. Through this rigorous process, Enrique emerged as the board’s unanimous choice as successor and we are confident he will build on the company’s progress and capitalize on new opportunities.”
Weisler also commented on Lores’ appointment saying, “Enrique has been a tremendous partner whose leadership has been instrumental in setting this company up for success and delivering on our strategy. He is one of the smartest people I know, and I have great confidence in his ability to lead and inspire the next chapter of HP’s transformation and growth.”
Lores headed up HP’s Printing Business since 2015. “Thirty years ago, I was drawn to HP by the company’s unique ability to bring out the best of humanity through the power of technology,” said Lores. “The opportunities ahead are vast and the need for us to keep reinventing is more important than ever. I continue to be inspired by our customers, partners and employees, who are turning bold ideas into meaningful innovations. This is where we will set our sights for the future,” he added.
According to HP, Weisler will work alongside Lores to ensure a seamless transition. Lore’s CEO post will be effective on November 1, 2019.