HP Inc. announced the appointment of Emma Walmsley as its new Chief Executive Officer, effective January 4, 2027. Ms. Walmsley will also join the company's Board of Directors. She succeeds Interim CEO Bruce Broussard, who will transition to the role of Chair of the Board on the same date.
Key Details
- Leadership Transition: Emma Walmsley will assume the role of CEO on January 4, 2027. Bruce Broussard, the current Interim CEO, will become Chair of the Board, succeeding Chip Bergh, who will remain a director.
- Compensation Package: Ms. Walmsley's employment agreement includes a $1,450,000 annual base salary, a target bonus of 200% of base salary, a $2,500,000 sign-on bonus, and up to $2.5M in relocation benefits.
- Equity Awards: She will receive a one-time inducement equity award with a target value of $30 million and annual equity awards for fiscal 2027 with a target value of $21.5 million.
- Executive Background: Ms. Walmsley, age 57, most recently served as CEO of GSK plc from April 2017 to December 2025 and currently serves on the board of directors of Microsoft Corporation.