HP Names Jim Murrin Treasurer

Marketwired

PALO ALTO, CA--(Marketwired - May 24, 2013) - HP (NYSE: HPQ) today announced that Jim Murrin has been elected to serve as treasurer in addition to his current role as senior vice president of Corporate Development and Corporate Financial Analytics, effective July 1.

In this expanded role, Murrin will manage the company's worldwide cash, debt, foreign exchange, capital structure, risk management and benefits-plan administration, in addition to performing his current duties, which include assessing ongoing corporate development and company performance, establishing short- and long-term plans and helping to drive decisions on investment choices. He will continue to report to Cathie Lesjak, executive vice president and chief financial officer, HP.

"Jim is a highly adaptable and accomplished veteran HP leader," said Lesjak. "He has spent the last 23 years in a variety of roles, including several senior leadership positions, giving him a diverse perspective that is especially valuable as we make progress towards the company's turnaround."

In January, Murrin rejoined the Finance organization in his current role. Before returning to Finance, he was leading the Select Accounts Group within HP Enterprise Services; he previously served as HP's corporate controller.

Murrin will succeed John McMullen, senior vice president and treasurer, HP, who is retiring on July 1 after an impressive 32-year career with the company.

"John's tremendous business acumen and collaborative leadership style all have contributed to his stellar reputation at HP," said Lesjak. "He is a talented leader and dedicated mentor who will be greatly missed."

McMullen is looking forward to spending time with his family, exploring new hobbies and traveling during his retirement.

About HP
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© 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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