HP 2007 Annual Report Download - page 27

lead, cadmium and certain other substances that apply to specified electronics products put on the market in the European
Union (the “EU”) as of July 1, 2006 (Restriction of Hazardous Substances Directive) and similar legislation in China, the
labeling provisions of which went into effect March 1, 2007. We also could face significant costs and liabilities in connection
with product take-back legislation. The EU has enacted the Waste Electrical and Electronic Equipment Directive, which
makes producers of electrical goods, including computers and printers, financially responsible for specified collection,
recycling, treatment and disposal of past and future covered products. The deadline for the individual member states of the
EU to enact the directive in their respective countries was August 13, 2004 (such legislation, together with the directive, the
“WEEE Legislation”). Producers participating in the market became financially responsible for implementing their
responsibilities under the WEEE Legislation beginning in August 2005. Implementation in certain EU member states was
delayed into 2006 and 2007. Similar legislation has been or may be enacted in other jurisdictions, including in the United
States, Canada, Mexico, China and Japan. It is our policy to apply strict standards for environmental protection to sites inside
and outside the United States, even if we are not subject to regulations imposed by local governments. The liability for
environmental remediation and other environmental costs is accrued when HP considers it probable and can reasonably
estimate the costs. Environmental costs and accruals are presently not material to our operations or financial position, and we
do not currently anticipate material capital expenditures for environmental control facilities.
Executive Officers:
Mark V. Hurd; age 50; Chairman, Chief Executive Officer and President
Mr. Hurd has served as Chairman of HP since September 2006 and as Chief Executive Officer, President and a member
of the Board since April 2005. Prior to that, he served as Chief Executive Officer of NCR Corporation, a technology
company, from March 2003 to March 2005 and as President from July 2001 to March 2005. From September 2002 to
March 2003, Mr. Hurd was the Chief Operating Officer of NCR, and from July 2000 until March 2003 he was Chief
Operating Officer of NCR’ s Teradata data-warehousing division.
R. Todd Bradley; age 49; Executive Vice President, Personal Systems Group
Mr. Bradley was elected Executive Vice President in June 2005. From October 2003 to June 2005, he served as the Chief
Executive Officer of palmOne Inc., a mobile computing company. Mr. Bradley also served as President and Chief Operating
Officer of palmOne from May 2002 until October 2003 and as Executive Vice President and Chief Operating Officer from
June 2001 to May 2002.
Charles N. Charnas; age 49; Vice President, Deputy General Counsel and Assistant Secretary
Mr. Charnas was elected Assistant Secretary in 1999. He was appointed a Vice President and Deputy General Counsel in
2002. Since 1999, he has headed the Corporate, Securities and Mergers and Acquisitions Section of HP’ s worldwide legal
department. From September 2006 until February 2007, Mr. Charnas also served as Acting General Counsel of HP.
Mr. Charnas is not an executive officer for purposes of Section 16 of the Securities Exchange Act of 1934.
Jon E. Flaxman; age 50; Executive Vice President and Chief Administrative Officer
Mr. Flaxman has served as Executive Vice President and Chief Administrative Officer of HP since March 2007.
Mr. Flaxman served as Senior Vice President and Controller from 2002 until March 2007, and as Principal Accounting
Officer from February 2005 until March 2007.
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