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News Summary: HP moves Bradley to strategy post

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The Associated Press | June 18, 2013 01:39 PM EST | AP


THE MOVE: Hewlett-Packard Co. named executive Todd Bradley to a new position in charge of the company's strategy. Bradley will work with CEO Meg Whitman to improve HP's business in China and extend relationships with important partners worldwide.

LAST ROLE: Bradley was in charge of HP's PC business from 2005 to 2012, when it combined the printing and PC divisions into one unit under his leadership.

MARKETS: Emerging markets represent a potential area of growth, and PC sales have been declining. HP also faces competition from a Chinese company, Lenovo Group Ltd., which bought IBM's PC business years ago.