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Press release content from Business Wire. The AP news staff was not involved in its creation.

Hewlett Packard Enterprise Welcomes Senior Vice President of Corporate Development and Investor Relations

November 4, 2019 GMT

SAN JOSE, Calif.--(BUSINESS WIRE)--Nov 4, 2019--

Hewlett Packard Enterprise (NYSE:HPE) today announced Sonalee Parekh as the company’s new senior vice president of corporate development and investor relations, reporting to HPE chief financial officer Tarek Robbiati, effective immediately.

Parekh will lead HPE’s corporate development and investor relations teams and oversee critical growth initiatives, including merger and acquisition (M&A) plans globally. Parekh will serve as a key member of the finance executive team and advisor to the CFO.

“Sonalee is an accomplished and passionate leader who knows what it takes to drive innovation and growth,” said Robbiati. “Her broad experience advising global technology, media and telecommunications enterprises, as well as her deep financial expertise make her uniquely suited to help accelerate HPE’s pivot to an as-a-Service company to drive profitable, sustainable growth.”

A seasoned corporate advisor, Parekh brings more than 20 years’ experience in the global technology, media, and telecommunications industries. She has held senior leadership roles at several global investment banks, including Barclays Capital, Goldman Sachs and Jefferies.

Vishal Bhagwati, currently senior vice president of corporate development, will take on a new role as chief financial officer of HPE’s newly created High Performance Compute and Mission Critical Systems (HPC & MCS) unit within HPE’s Hybrid IT business, reporting to Robbiati.

Reporting to Parekh, Andy Simanek, vice president and head of investor relations, will continue in his current role and remain the primary contact for HPE’s financial analysts and investors.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly from edge to cloud. HPE enables customers to accelerate business outcomes by driving new business models, creating new customer and employee experiences, and increasing operational efficiency today and into the future.

Forward-looking statement

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HPE may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of financial performance, or plans, strategies and objectives of management for future operations or performance. Risks, uncertainties and assumptions include those that are described in HPE’s Annual Report on Form 10-K for the fiscal year ended October 31, 2018 and that are otherwise described or updated from time to time in Hewlett Packard Enterprise’s Securities and Exchange Commission reports. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191104005119/en/

CONTACT: Stefanie.notaney@hpe.com

Stefanie Notaney, HPE



SOURCE: Hewlett Packard Enterprise

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PUB: 11/04/2019 08:00 AM/DISC: 11/04/2019 08:01 AM