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Hewlett Packard Signs Cooperation Agreement With Elliott Investment Management
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Hewlett Packard Signs Cooperation Agreement With Elliott Investment Management
Jul 16, 2025 5:44 AM

08:18 AM EDT, 07/16/2025 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) said Wednesday it has entered into a cooperation agreement with Elliott Investment Management.

In connection with the cooperation agreement and as part of the board's efforts to drive stockholder value, the company said it formed a new strategy committee of the board and appointed current KLA (KLAC) chairman Robert Calderoni as a director, starting Wednesday.

The agreement also allows the activist hedge fund to appoint a representative to the company's board until a standstill deal expires, Hewlett Packard Enterprise ( HPE ) said.

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