Introduction
HP Inc., the prominent company behind the HP laptops, is a publicly traded entity. Like many large corporations, it does not have a single owner but is instead owned by a multitude of shareholders, including individuals, institutions, and other companies. This article provides a comprehensive overview of the ownership and leadership of HP Inc., ensuring thorough understanding.
Ownership Structure of HP Inc.
Following the separation of Hewlett-Packard Company in 2015, HP Inc. was formed to focus on personal computers and printers, while Hewlett Packard Enterprise (HPE) took over enterprise products and services. As a publicly traded company, HP Inc. does not have a singular owner. Instead, it is owned by numerous shareholders. These shareholders are mainly institutional investors and mutual fund holders, as well as individual stakeholders.
One of the largest institutional investors is The Vanguard Group Inc., which holds a significant 10.9% share of HP Inc. Other major shareholders include BlackRock Inc., State Street Corporation, and Capital Research Global Investors. Notably, Berkshire Hathaway Inc. is a significant player, holding 11.7% of the total shares, and is often considered a major influence on the company's direction due to its substantial ownership and the influence of Warren Buffett, the CEO of Berkshire.
The Founders of HP Inc.
HP Inc. has its roots in the original Hewlett-Packard Company, which was founded in 1939 by Bill Hewlett and David Packard. The company's inception marked a significant milestone in the technology industry, particularly in what would later become known as Silicon Valley. Their initial product was an audio oscillator, and one of their early clients was Walt Disney.
The headquarters of HP Inc. is located at 1501 Page Mill Road, Palo Alto, California, USA. Over the decades, the company has continued to innovate and evolve, maintaining a strong presence in the technology sector.
Leadership of HP Inc.
Now, to clarify, the query seems to be incomplete. If you are interested in the current CEO of HP Inc., it is Antonio Neri. However, if the question is about the founders, as mentioned earlier, it was Bill Hewlett and David Packard who established the original Hewlett-Packard Company, paving the way for what is now HP Inc.
Antonio Neri succeeded Dion Weisler as CEO in February 2022, bringing with him a wealth of experience in leadership and technology.
Bibliography: Further reading and sources for additional information about the ownership and leadership of HP Inc. are available.