Hewlett-Packard Co. today announced that it added three new members to its board of directors, increasing the size of the board from nine members to 12.
The Palo Alto-based company announced that Robert R. "Dob" Bennett, former president and CEO of Liberty Media Corporation; Raymond E. Ozzie, former chief software architect of Microsoft Corporation and founder of Talko Inc.; and James A. Skinner, former vice chairman and CEO of McDonald's Corporation and current chairman of Walgreen Co., will join HP's board, effective today.
HP will continue to search for additional board members and a permanent non-executive chair to replace Ralph Whitworth, who holds the position of interim chair, according to a press release.
Whitworth took the post after the company's April annual shareholders' meeting at which time two members of the board of directors resigned and then-chair Raymond Lane stepped down to become a regular board member.
Bennett will become a member of the Finance and Investment Committee and the Audit Committees, Ozzie will join the Technology Committee and the Finance and Investment Committee, and Skinner will join the Audit, HR and Compensation, and Nominating and Governance Committees, the release stated.
"As we move forward with our turnaround, it's a huge benefit to be able to get advice from a board made up of such experienced business and technology leaders," said Meg Whitman, president and CEO, HP. "For their part, Dob, Ray and Jim have just about seen it all during their careers. I'm very grateful for their support, as well as the ongoing support from all of the directors."
The company's stock ticked up 19 cents a share or .73 percent to 26.38 Monday.