HP 2015 Annual Report Download - page 17

Table of Contents
As these laws, regulations, treaties and similar initiatives and programs are adopted and implemented throughout the world, we will be required to comply or
potentially face market access limitations or other sanctions, including fines. However, we believe that technology will be fundamental to finding solutions
to achieve compliance with and manage those requirements, and we are collaborating with industry, business groups and governments to find and promote
ways that HP technology can be used to address climate change and to facilitate compliance with related laws, regulations and treaties.
We are committed to maintaining compliance with all environmental laws applicable to our operations, products and services and to reducing our
environmental impact across all aspects of our business. We meet this commitment with a comprehensive environmental, health and safety policy, strict
environmental management of our operations and worldwide environmental programs and services.
A liability for environmental remediation and other environmental costs is accrued when we consider it probable that a liability has been incurred and
the amount of loss can be reasonably estimated. Environmental costs and accruals are presently not material to our operations, cash flows or financial
position. Although there is no assurance that existing or future environmental laws applicable to our operations or products will not have a material adverse
effect on our operations, cash flows or financial condition, we do not currently anticipate material capital expenditures for environmental control facilities.
For a discussion of risks attendant to these environmental factors, see "Risk Factors—Our business is subject to various federal, state, local and foreign
laws and regulations that could result in costs or other sanctions that adversely affect our business and results of operations," in Item 1A, which is
incorporated herein by reference. In addition, for a discussion of our environmental contingencies see Note 16 to the Consolidated Financial Statements in
Item 8, which is also incorporated herein by reference.
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The following are our current executive officers:
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Mr. Binns has served as Head of Global Treasury and Investor Relations since November 2015. Mr. Binns joined Hewlett-Packard Company in 2006 as
Finance Director for HP Software in the Europe, Middle East and Africa regions following the acquisition of Mercury Interactive. Since then, Mr. Binns has
held a number of finance and business roles within HP Software, including Vice President of Worldwide Field Operations. Previously, Mr. Binns was Vice
President of Investor Relations. Most recently, Mr. Binns was the Vice President and Chief Financial Officer for HP Software responsible for driving all
finance activities.
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Mr. Coughlin has served as President, Personal Systems since November 2015. Mr. Coughlin joined Hewlett-Packard Company from PepsiCo in June
2007 as the senior vice president of the Imaging and Printing Group Worldwide Strategy and Marketing team. In 2010, Mr. Coughlin transitioned to lead the
LaserJet and Enterprise Solutions global business unit at Hewlett-Packard Company and later ran Consumer Personal Systems at Hewlett-Packard Company.

Mr. Flaxman has served as Chief Operating Officer since November 2015. Previously, Mr. Flaxman served as Senior Vice President and Chief Financial
Officer for Hewlett-Packard Company's Printing
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Source: HP INC, 10-K, December 16, 2015 Powered by Morningstar® Document Research℠
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