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    HPE Appoints Maeve Culloty to Lead HPE Financial Services

    1/28/25 1:15:00 PM ET
    $HPE
    Retail: Computer Software & Peripheral Equipment
    Technology
    Get the next $HPE alert in real time by email

    HPE veteran Gerri Gold to retire after 23 years with the company

    • Culloty, a senior executive at HPE, has deep financial expertise and knowledge of HPE's businesses having held numerous management roles across the company.
    • After 23 years with Compaq, HP and HPE, Gold has decided to retire from HPE at the end of the company's second quarter.

    Hewlett Packard Enterprise (NYSE:HPE) today named Maeve Culloty as Executive Vice President, President and CEO of HPE Financial Services, effective May 1, 2025. Culloty joined the company in 2007 and has held numerous senior management roles leading global and geo businesses to success.

    Most recently serving as the Chief of Staff to HPE President and CEO Antonio Neri, Culloty will continue to report to Neri and serve on the company's executive committee. Culloty will oversee HPE Financial Services, which is the global financing and asset management business that supports HPE's edge-to-cloud strategy, and helps customers and partners accelerate their transformations. As part of its mission, HPE Financial Services operates the world's largest IT manufacturer refurbishing facilities, which process up to four million assets per year, the majority of which are refurbished and reused.

    "HPE Financial Services is a crown jewel of HPE, sustainably transforming customers' and partners' digital strategies through its smart IT lifecycle and financing options," said Neri. "Leading this business requires deep understanding of the capital markets as well as the IT industry. Having worked closely with Maeve over the last two years, I know she will bring this expertise, as well as strong leadership and vision, to the role."

    Culloty is a seasoned business executive with the financial acumen required to lead a complex financial services business. She has held numerous management roles at HPE, previously leading the HPE Ireland business as the Managing Director. She also led multiple global and geo sales and administration teams in the HPE Financial Services business. In addition, Culloty serves on the board of Hewlett Packard International Bank DAC, a fully licensed European banking organization that provides technology finance and asset management solutions to customers and partners across Europe.

    "The opportunity to lead HPE Financial Services is the culmination of years of understanding the nuances of the business and how it directly contributes to the success of HPE, and of our customers and partners," said Culloty. "I worked within HPE Financial Services for 12 years, so returning to lead the business has been a long-standing career aspiration. Gerri and the team are known for consistently delivering—for customers, for partners and for the business—and I'm proud to continue this legacy."

    Culloty is a qualified CPA and holds a bachelor's degree in business from University of Limerick and a diploma in Applied Financial Law from the Law Society of Ireland.

    She assumes leadership of the HPE Financial Services business from Gerri Gold who, after 23 years with the company, has decided to retire at the end of its second fiscal quarter.

    "Gerri is an incredible business leader. She is well-known and respected among customers and partners who have relied on her outcome-driven approach to solving complex business challenges by leveraging smart IT lifecycle strategies," said Neri. "Gerri has been an advocate for asset management, which has become a key element of HPE's sustainability strategy. She has also been a mentor for many talented team members and leaders, upholding the cultural values of our company through empathetic leadership skills that continue to influence HPE's strong leadership bench."

    "I joined HP as part of the Compaq merger in 2002 and I saw the possibilities to advance my career, as well as mentor and elevate others," said Gold. "I am incredibly proud of the growth and success of HPE Financial Services, and I'm grateful for the opportunity to have led the organization. I retire from HPE feeling very proud of what the HPE Financial Services team and I have been able to achieve in the last two years, and lucky to have worked closely with such a talented community. I look forward to spending more time on new ventures including my work with public boards, mentoring new entrepreneurs, and spending more time with my family, my children and grandchildren."

    About Hewlett Packard Enterprise

    Hewlett Packard Enterprise (NYSE:HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250128748229/en/

    Media Contact:

    Chandler Spivey

    [email protected]

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