# HP Inc Appoints Former GSK CEO Emma Walmsley as New Leader Walmsley transitions from pharmaceuticals to navigate HP through volatile PC and print markets. - **Source:** [www.theregister.com - Articles](https://www.theregister.com) - **Published:** 2026-11-04 - **Topic:** [careers](https://brifing.si/c/careers) - **Original article:** - **On Brifing:** https://brifing.si/s/83f37d63-848e-4d7e-aaec-dcbf61e8bb24 ## Strategic Leadership Transition HP Inc has officially appointed Emma Walmsley, the former CEO of GSK, to lead the company. Her background includes eight years at the helm of a major pharmaceutical firm and previous management roles at L'Oreal. Despite lacking direct tech-sector experience, she served on Microsoft’s board, providing exposure to industry dynamics. ## Financial Performance Context During the first nine months of fiscal 2026, HP reported a 10 percent year-on-year revenue increase, reaching $44.5 billion. While PC sales drove this growth, the print business segment experienced a decline. Walmsley enters the role as the company balances these shifting revenue streams amidst broader market pressures and supply chain challenges. ## PC Market Volatility The PC market faces significant headwinds, with global shipments slumping 20 percent in Q3. A persistent memory crunch and DRAM shortages have forced price hikes, leading customers to extend the lifecycle of existing hardware. Analysts forecast continued contraction in unit sales, with no immediate recovery expected for the final quarter of 2026. ## The AI Growth Narrative AI remains a primary focus for PC manufacturers aiming to stimulate demand, yet customer adoption remains inconsistent. Walmsley has expressed a commitment to harnessing the power of the AI era to unlock new growth sources. Her strategy involves leveraging HP’s innovation to deliver value to shareholders, partners, and the global workforce. ## Prior Management Experience At GSK, Walmsley focused on transforming the company’s platform, momentum, talent, and culture. She previously navigated challenges from activist investor Elliot Management, which questioned her lack of a science background. This experience in managing high-stakes corporate scrutiny and investor relations will likely inform her approach to leading HP’s complex business operations. ## Operational Expectations Employees are monitoring the transition closely, hoping to avoid the frequent redundancy rounds associated with the previous leadership. The predecessor departed for PayPal in February, leaving behind a legacy of cost-cutting measures. Walmsley’s ability to stabilize the internal culture while maintaining financial performance will be a critical metric for her early tenure. ## Shareholder and Investor Outlook Shareholders are prioritizing sustainable stock price improvement following the recent leadership change. If the company fails to demonstrate consistent growth or operational efficiency, Walmsley may face pressure from activist investors. Her mandate is to provide clarity and conviction, ensuring the company remains competitive despite the current, challenging macroeconomic environment for hardware. ## Future Strategic Direction Walmsley views HP as an iconic entity capable of shaping the future of work globally. Her success depends on translating customer insights into growth while managing the decline of legacy print assets. The market will evaluate whether her cross-industry leadership experience can effectively pivot HP’s trajectory during this period of contraction. ## Sources covering this story - https://www.theregister.com/personal-tech/2026/11/04/hp-inc-hires-former-gsk-boss-as-ceo/5307588 — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._