Governance / Frequent Q&A
How do I contact members of the Board?
Individuals may communicate with the Board by contacting:
Secretary to the Board of Directors
3000 Hanover Street, MS 1050
Palo Alto, CA 94304
Are most of HP’s directors independent? Where can I find HP’s independence standards?
HPs Corporate Governance Guidelines provide that a substantial majority of the Board will consist of independent directors. The Board has determined that each of Marc L. Andreessen, Shumeet Banerji, Rajiv L. Gupta, John H. Hammergren, Gary M. Reiner, Patricia F. Russo, G. Kennedy Thompson, and Ralph V. Whitworth is independent within the meaning of HP's director independence standards. HP's director independence standards are posted on this website and are included in the proxy statement that HP prepares and distributes each year in connection with its annual meeting of stockholders.
Do independent directors meet in executive session without HP’s management?
Yes. The sessions are scheduled and chaired by the Chairman. Any independent director may request that an additional executive session be scheduled.
Do directors and officers at HP abide by a code of business conduct and ethics?
HP has adopted a code of business conduct and ethics for directors, officers (including HPs principal executive officer, principal financial officer and controller) and employees, known as the Standards of Business Conduct. All directors and officers are required to abide by it. Any waivers of the Standards of Business Conduct for directors and executive officers are posted on this website.
How do I nominate someone for the Board or submit a stockholder proposal?
You may propose director candidates for consideration by the Board's Nominating and Governance Committee. Any such recommendations should include the nominee's name and qualifications for Board membership and should be directed to the Corporate Secretary at:
Hewlett Packard Company
3000 Hanover Street
Palo Alto, California 94304
Fax: (650) 857-4837
In addition, the Bylaws of HP permit stockholders to nominate directors for election at an annual stockholder meeting. To nominate a director, the stockholder must give timely notice to the Corporate Secretary in accordance with the Bylaws of HP and provide the information required by the Bylaws of HP and otherwise comply with the other applicable provisions of the Bylaws of HP.
You may submit proposals for consideration at a stockholder meeting. For a stockholder proposal to be considered for inclusion in HP's proxy statement for the annual meeting, the Corporate Secretary must receive the written proposal at our principal executive offices no later than the deadlines noted in the annual proxy statement. Such proposals also must comply with SEC regulations under Rule 14a-8 regarding the inclusion of stockholder proposals in company sponsored proxy materials. Proposals should be addressed to the Corporate Secretary at the address noted above.
For a stockholder proposal that is not intended to be included in HP's proxy statement under Rule 14a-8, the stockholder must deliver a proxy statement and form of proxy to holders of a sufficient number of shares of HP common stock to approve that proposal, provide the information required by the Bylaws of HP and give timely notice to the Corporate Secretary in accordance with the Bylaws of HP.
How many directors does HP have and how long is the term of office for each director?
HP has 11 directors. Each director is elected annually to serve until the next annual meeting or until his or her successor is elected.