Reuters: Technology News: HP director says to expect "some evolution" to company's board

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HP director says to expect "some evolution" to company's board Mar 20th 2013, 22:32 Tweet Share this Email Print Related News NYC pension funds join effort to replace two HP directors Fri, Mar 8 2013 Leading proxy firms seek ouster of HP chairman, directors Wed, Mar 6 2013 Apple CEO says he feels shareholders' pain, urges long view Wed, Feb 27 2013 HP sells webOS operating system to LG Electronics Mon, Feb 25 2013 Union pension adviser says will oppose two HP directors Mon, Feb 25 2013 Analysis & Opinion Besieged boards need updated defender-in-chief Amid 'activist' debate, Strine sides with hedge fund dogging SandRidge A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo Alto, California January 16, 2013. Credit: Reuters/Stephen Lam MOUNTAIN VIEW, California | Wed Mar 20, 2013 6:32pm EDT MOUNTAIN VIEW, California (Reuters) - Hewlett-Packard Co director Ralph Whitworth told shareholders on Wednesday to expect "some evolution" in the company's board in coming years or even months, responding to criticism over the botched $11 billion acquisition of British software firm Autonomy Plc. Whitworth, who runs activist hedge fund Relational Investors LLC and was named to the board of the struggling Silicon Valley computing company in 2011, said shareholders could expect some changes, but he also defended HP's board, saying it was among the best he had seen. At the company's annual meeting in Mountain View, Whitworth acknowledged that HP's investors have "rightfully" questioned some of the transactions the company has made. (Reporting by Poornima Gupta; Editing by David Gregorio) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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