HPQ Names Emma Walmsley CEO Effective January 4, 2027, With $55.45M Compensation Package
· The NYC Memo
HP Inc. appointed Emma Walmsley as Chief Executive Officer and director, effective January 4, 2027, with an annual base salary of $1,450,000, a 200% target bonus, $21,500,000 in FY2027 annual equity awards, a $30,000,000 one-time inducement equity award, and a $2,500,000 sign-on bonus plus up to $2,500,000 in relocation benefits.
Interim CEO Bruce Broussard will step down on January 3, 2027, and assume the role of Chair of the Board on January 4, 2027, succeeding Chip Bergh, who will remain a director. The board also amended its bylaws to expand authorized director count from 12 to 13 to accommodate Walmsley's appointment.