Treasury Strategy & Transformation
Published  8 MIN READ

Nine Months to New Beginnings

Nine Months to New Beginnings

by Zac J. Nesper, VP & Assistant Treasurer, HP Inc.

In October 2014, The Hewlett-Packard Company announced a separation between its PC/printers business (HP Inc.) and its enterprise servers and services business (Hewlett Packard Enterprise).  Not only was this the largest ever corporate separation in the technology industry, but with only 12 months between announcement and closure, treasury had a daunting task ahead to unwind the existing, highly sophisticated treasury functions and establish two distinct treasury functions that could support the ambitious plans of the new companies. In this article, Zac J. Nesper, formerly Assistant Treasurer of Hewlett Packard, and now of HP Inc., highlights aspects of the project and identifies success criteria.