Technology company HPE has appointed Christopher Hsu, a partner at Elliott Investment Management, to its Board of Directors, effective immediately.
Hsu serves as head of portfolio operations and co-lead of private equity at Elliott. Prior to Elliott, he was CEO of Azibo, CEO of Micro Focus International, and held leadership positions at HPE and Hewlett-Packard Company.
“We look forward to Chris bringing his past and current experiences to the Board in the execution of HPE’s strategy and driving value for shareholders,” Pat Russo, chair of the Board of Directors, HPE, said. “HPE’s recent results reflect the strength of its strategy and strong execution by management, especially as the company integrates the Juniper acquisition. We look forward to Chris’s contributions to the Board’s work and HPE’s ongoing progress.”
Hsu will join the Board’s Strategy Committee, as well as its Finance & Investment Committee.
“Having spent valuable years of my career at HPE, I have an appreciation for what this company has built and for the opportunities ahead,” Hsu said. “HPE has strong assets that are well positioned for today’s networking, cloud, and AI needs. We have been encouraged by the meaningful progress HPE has made on the execution of its strategy. I look forward to working with the HPE board and management team.”
Hsu also currently serves on the boards of Nielsen, Syneos Health, Cloud Software Group and Redaptive.
“HPE is well positioned to benefit from the AI infrastructure buildout and strong enterprise IT demand,” Jesse Cohn, managing partner at Elliott, said. “Today’s addition of Chris to the Board reflects our commitment to the company’s success. HPE has strategic and operational opportunities available to it, and we look forward to supporting the company as it executes on that potential.”
The appointment was made in connection with HPE’s cooperation agreement with Elliott.