HP Gets Fieler as Chief Financial Officer

HP recently named Steve Fieler as its chief financial officer. He began his role on July 1. He succeeds Cathie Lesjak, who assumed the role of interim chief operating officer.

Fieler is a seasoned executive with more than twenty years of experience. He currently leads the treasury and corporate finance functions where he is responsible for managing cash, debt, risk management and capital structure. Fieler is also in charge of financial planning and analysis, investor relations, credit and collections, and corporate development.

With eleven years of HP experience, he served in a range of finance and operational roles at the Hewlett Packard Company prior to the November of 2015 separation included VP CFO for HP Software, which is a $4B division of the company. He left the company in 2014 to become CFO at Proteus Digital Health, which is a pioneer in digital medicine. Fieler returned to HP in January 2017.

“Having worked with Steve over many years, I have great confidence in his ability to propel us forward and continue to drive profitable growth,” said Dion Weisler, president and CEO, HP.

What about Lesjak? She has served in a wide range of prominent leadership roles in her thirty-two years at HP. Her roles included acting CEO of Hewlett Packard Company. Back in 2007 she was named CFO, a position she held until the company separation, at which time she became CFO of HP Inc. Lesjak plans to serve as interim COO until her retirement, which is planned for some time in early 2019.

“I’ve enjoyed a tremendous partnership with Cathie and I look forward to the same collaboration with Steve. He has a deep understanding of our global business, a stellar operational and financial track record, and valued relationships within the investment community,” said Weisler.

She has been an integral part of HP Inc.’s history. “Cathie deserves tremendous credit for helping drive our performance, growth and reinvention. Our strategy is working, the team is focused, and we’re firing on all cylinders. She is a best-in-class leader with incredible commitment to delivering shareholder value and has done an extraordinary job assembling a world-class team. I’m grateful for her continued support and leadership in the COO role,” said Weisler.