Ann Livermore
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Ann Martinelli Livermore (born 23 August 1958) is a former Executive Vice President at
Hewlett-Packard The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
, where from 2004 until June 14, 2011, she led the
HP Enterprise Business The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
business unit of HP. After being relieved of day-to-day operations, she was elected to the board of directors of HP. At the time, she was a 29-year veteran of the company and among existing senior management, the longest-service executive.


Life and career


Early life

Livermore was born in
Greensboro, North Carolina Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the third-most populous city in North Carolina after Charlotte and Raleigh, the 69th-most populous city in the Un ...
. She was the valedictorian at her North Carolina high school. She holds a
bachelor's degree A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six ...
in economics from the
University of North Carolina at Chapel Hill A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States ...
, where she was a
Morehead Scholar The Morehead-Cain Scholarship (originally the Morehead Scholarship) was the first merit scholarship program established in the United States. It was founded at the University of North Carolina at Chapel Hill in 1951 and was named for its benefact ...
, as well as an
MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
from
Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
.


Hewlett-Packard

Livermore came to HP right out of graduate school. Livermore has been at HP since 1982 and has worked in a variety of sales, marketing, and research and development jobs before being elected a
corporate vice president A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on t ...
in 1995. In 1997, Livermore was elected to the
board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of
United Parcel Service United Parcel Service (UPS, stylized as ups) is an American multinational corporation, multinational package delivery, shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company ...
. In 1998, when head of HP's software and services business, the company's top executives agreed to put themselves through a 360-degree evaluation. Livermore observed:
"I learned that I'm a very, very well-controlled executive, but that my employees like when I go off the handle every once in a while, you know, show my human side - It reinforced that leadership means touching people's hearts as well as their brains, so since then I haven't worried so much about keeping my lid on."
Livermore has been credited with steering HP away from its decentralized culture and hardware mentality and was the brains behind HP's E-services strategy. When HP CEO Lewis Platt announced in March 1999 that he would step down, Livermore confirmed that she wanted the job. Insiders say Livermore was the only internal candidate who made the short list, but, in July 1999, HP made the former
Lucent Technologies Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey. It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business u ...
executive
Carly Fiorina Cara Carleton "Carly" Fiorina ('' née'' Sneed; born September 6, 1954) is an American businesswoman and politician, known primarily for her tenure as CEO of Hewlett-Packard (HP). As chief executive officer of HP from 1999 to 2005, Fiorina wa ...
the first female CEO of a Dow 30 company. Beginning in 2004, Livermore led HP's Technology Solutions Group (renamed
HP Enterprise Business The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
in 2009), a US$30 billion-plus business that encompassed storage and servers, software and services. The products and services from this organization serve HP's business customers of all sizes in more than 170 countries. Once thought of as a costly distraction, this group is now seen as a source of future growth. Livermore's name was mentioned as a possible candidate to take over at HP when
Carly Fiorina Cara Carleton "Carly" Fiorina ('' née'' Sneed; born September 6, 1954) is an American businesswoman and politician, known primarily for her tenure as CEO of Hewlett-Packard (HP). As chief executive officer of HP from 1999 to 2005, Fiorina wa ...
was ousted in February 2005 as
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
.
Mark Hurd Mark Vincent Hurd (January 1, 1957 – October 18, 2019) was an Americans, American technology executive who served as Co-CEO and as a member of the board of directors of Oracle Corporation. He had previously served as Chairman, Chief Executive ...
from
NCR Corp. NCR Corporation, previously known as National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactures self-service kiosks, point-of-sale termin ...
was instead picked to be HP's new CEO. In the wake of HP pressuring employees to accept a 5% pay cut, it was revealed that Livermore's 2008 total compensation amounted to $20,551,493. In the same year, Mark Hurd as CEO reported his compensation to be $42,514,524. On May 13, 2008, Hewlett-Packard Co. confirmed that it had reached a deal with Electronic Data Systems to acquire the company for $13.9 Billion. The deal was completed on August 26, 2008. EDS became an HP business unit and was renamed "EDS, an HP company." Ronald A. Rittenmeyer remained at the helm, reporting to Ann Livermore until his retirement. With Mark Hurd's August 2010 departure, Livermore was once again a possible candidate for the top job, however lost out to former
SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separa ...
CEO,
Léo Apotheker Léo Apotheker (born 18 September 1953) is a German business executive. He served briefly as the chief executive officer of Hewlett-Packard from November 2010 until his dismissal in September 2011. He also served as co-chief executive officer o ...
. Livermore was named in ''
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...
'' and ''
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'' annual ranking of America's leading businesswomen. As of 2011, her business unit was $60 billion which was half of total HP revenues and encompassed two-thirds of total HP staff. On June 14, 2011, Livermore was replaced as head of HP Enterprise, as her top lieutenants, Dave Donatelli, software head Bill Veghte, and global sales leader Jan Zadak, were to report directly to the CEO. She was reportedly forced out since total services revenue had grown just 1% in the most recent fiscal year, despite the earlier acquisition of EDS in 2008.


Personal life

In 2005 Livermore had a
kidney transplant Kidney transplant or renal transplant is the organ transplant of a kidney into a patient with end-stage kidney disease (ESRD). Kidney transplant is typically classified as deceased-donor (formerly known as cadaveric) or living-donor transplantati ...
for an undisclosed ailment.


References


External links


HP biographyHP speeches
at
Picsearch Picsearch was a Swedish company which developed and provided image search services for large websites. The image search services developed by Picsearch power several major Internet companies, such as Lycos. Other Picsearch customers include region ...
{{DEFAULTSORT:Livermore, Ann 1958 births Living people Businesspeople from Greensboro, North Carolina University of North Carolina at Chapel Hill alumni Stanford Graduate School of Business alumni Hewlett-Packard people American women business executives American business executives Kidney transplant recipients American computer businesspeople 21st-century American women