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HP's head of PC business departs, replaced internally

HP Inc. announced Wednesday afternoon that the president of its personal-computer business, Ron Coughlin, is departing the company for a CEO job and will be replaced by Alex Cho. Coughlin has overseen a strong rebound for HP's PC business since Hewlett-Packard split into two companies, HP and Hewlett Packard Enterprise Co. HP's announcement said that Coughlin had accepted a CEO position "outside the technology sector in his hometown of San Diego." His replacement, Cho, has been with HP since 1995, most recently serving as vice president and general manager of the company's Commercial PC business group.