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Enrique Lores

Former Chief Executive Officer, President & Director, Hp

Search every verified Enrique Lores interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Enrique Lores, HP’s president and CEO, discussed the company’s performance and strategy during earnings calls in February, August, and November 2025. On the Q1 2025 call, Lores said HP was “pleased with the results” and maintained its guidance despite incremental China tariffs, noting that by the end of fiscal 2025 more than 90% of products sold in North America would be built outside of China. He also announced an agreement to acquire strategic assets from Humane, including its AI-powered platform Cosmos, to accelerate development of an intelligent device ecosystem. Lores stated that gaming would no longer be a key growth area, as it is “not directly related to the future of work.” In Q3 2025, Lores reported that nearly all North American products were built outside of China and that AI PC shipments had reached over 25% of the mix, ahead of plan. He attributed a short-term decline in print hardware sales to enterprises prioritizing other investments, but said page volumes had not deviated from plan, suggesting demand would recover. On the Q4 2025 call, Lores announced a company-wide program targeting $1 billion in gross run-rate savings over three years, including workforce reductions of 4,000 to 6,000 people. He noted that memory costs had accelerated and would impact personal systems margins in the second half, but described the headwinds as “temporary” and expressed confidence in HP’s ability to manage them.

Recent appearances

Verified interview transcripts

Notable quotes

“We have one of the most diverse boards in the industry and this is one of our most important assets because every member of the board comes to the conversations with a different perspective. By listening and building around those ideas, we can really create a better company.”

“We are really driving subscription businesses where customers will not have to buy printers or PCs. They will just pay for the right to use that service.”

“Some of that will have to go to consumers given what is the overall margin that we have in the categories, but again we need to wait and see what the final tariffs are for us to define what the exact plan is.”

“When we look at the next three years we think that about 50% of all PCs will be AI PCs, which means it's a significant portion of the total PC business and they will drive for the category a price increase between 5 and 10%.”

Other executives at Hp

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