Ahead of today's earnings report, some big personnel news at Hewlett-Packard: CEO Meg Whitman has moved Enterprise Group chief Dave Donatelli and marketing chief Marty Homlish out of those roles and into different positions within the company.
Whitman has now replaced the heads of every major HP business unit (and many corporate functions) since she arrived in late 2011. CNBC learned about the moves from a source with knowledge of the reassignments.
That news comes on the same day as a crucial earnings report. Wall Street wants to see 87 cents non-GAAP EPS from $27.3 billion in revenue in fiscal Q3. That would be the top-end of the EPS range, with revenue basically flat sequentially. HP stock is up more than 70 percent since the beginning of the year.
Whitman has replaced executives responsible for about 75 percent of HP revenue since the last earnings report. In June, she reassigned Todd Bradley, who had run both the printing and PC businesses for HP; together those units deliver half of revenue. The Enterprise Group delivers another fourth.