HP creates new services unit, taps Livermore to lead it

Hewlett-Packard announced the creation of a services and consulting business unit Thursday, and named Ann Livermore as president of the new operating unitLivermore will report directly to Carly Fiorina, HP's chairman, president and chief executive officer. Livermore had been president of HP's business customer organization.

HP last year abandoned a plan to beef up its service offerings by buying the consulting practice of PricewaterhouseCoopers LLP. Before the market meltdown of the final quarter in 2000, HP had been pursuing a US$17 billion to $18 billion bid for the consulting arm of the accountancy firm. HP dropped the idea in November, after missing third quarter's earnings estimates by 21 percent. Livermore is charged with growing HP's services businesses, such as consulting, outsourcing, support, education and deployment. She is also responsible for strengthening the company's relationships with system integrators.

HP, based in Palo Alto, California, can be reached at +1-650-857-1501 or via the Internet at http://www.hp.com/.

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