The following appears on recode.net
In the wake of an executive reshuffling at the top of its two biggest business units last year, the management changes at computing giant Hewlett-Packard are continuing. Bethany Mayer, an HP senior vice president and head of its $2.5 billion networking equipment business unit, has been reassigned to run a new business unit, sources familiar with the move confirm to Re/code.
The change has been announced internally and is expected to be made public ahead of HP’s earnings announcement on Feb. 20. Mayer will continue to run the networking group in the short term, but sources familiar with the situation described the move as a transition during which she will eventually be replaced as HP’s networking head and will devote herself full time to running the new unit. A replacement to run the networking unit, which employs about 6,000, has not yet been named.
Mayer’s new assignment will be to build a business focused on Network Functions Virtualization. HP describes it as a new effort to rethink how certain IT systems are built inside large telecommunications service providers, a segment of the networking industry where HP doesn’t participate meaningfully now. Sources familiar with HP’s plans say the company will announce the creation of the new business unit at next week’s Mobile World Congress in Barcelona. Mayer will report to Martin Fink, HP’s CTO and head of HP Labs.
