HP CEO Enrique Lores steps down; Bruce Broussard named interim CEO; FY2026 outlook reaffirmed

HP INC

Enrique Lores stepped down as President and CEO effective Feb 2, 2026, to pursue outside opportunity.
Bruce Broussard, HP board member since 2021, appointed interim CEO effective Feb 3, 2026.
Board formed CEO Search Committee; retained executive search firm to identify permanent CEO.
Broussard receives $362,500 monthly cash and $7M restricted stock unit sign-on award vesting Feb 2027.
Company reaffirms Q1 FY2026 GAAP EPS $0.58-$0.66, non-GAAP EPS $0.73-$0.81; FY FCF $2.8-$3.0B.

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