HP is no doubt big on both the printing markets as well as the computer and server markets. In PC market share alone HP has been leading other companies like Dell, Acer, and Lenovo in market share since 2007. It was recently announced that HP will be combining its PC division and its printing division into a "Printing and Personal Systems Group," which makes me wonder what struggles HP is going through that they'd risk their lead by changing their business organization.
Todd Bradley, who was the executive vice president of the PC division since 2005, will take lead of the new group. The former president of the printing division, Vyomesh Joshi, will be retiring after an astonishing 31 years at HP.
The current reason for the change-up is full of corporate speak. President and CEO of HP Meg Whitman, said, "This combination will bring together two businesses where HP has established global leadership. By providing the best in customer-focused innovation and operational efficiency, we believe we will create a winning scenario for customers, partners and shareholders. Ensuring we have the right organizational structure in place is a critical first step in driving improved execution, and increasing effectiveness and efficiency. The result will be a faster, more streamlined, performance-driven HP that is customer focused and poised to capitalize on rapidly shifting industry trends."
You can read the press release here.