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HP rises after it appoints former GSK chief Emma Walmsley as CEO

BUZZ-HP rises after it appoints former GSK chief Emma Walmsley as CEO

Updates

** Shares of PC maker HP HPQ.N rise 8.5% to $30.69

** HPQ says its board of directors has unanimously appointed Emma Walmsley as chief executive officer, effective January 4, 2027

** Walmsley most recently served as CEO of GSK GSK.L and has been a member of Microsoft's MSFT.O board of directors for seven years

** “Today’s appointment follows a comprehensive global search focused on what HP needs to win in its next chapter" - chair of board Chip Bergh

** Up to last close, HPQ up ~27% this year


(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))

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