Home Finance HP Enterprise Names New Finance Chief

HP Enterprise Names New Finance Chief

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Tarek Robbiati helped Sprint lower its debt costs during his tenure at the telecommunications company.


Jerome Favre/Bloomberg News

Hewlett Packard Enterprise

HPE 1.76%


Tarek Robbiati,

the former chief financial officer of Sprint Corp., as its new finance chief.

Mr. Robbiati will join the Palo Alto, Calif., company on Sept. 17. He succeeds

Tim Stonesifer,

who has served as chief financial officer of the maker of server, storage and networking gear since 2016, when the company split from personal computer and printing system maker


Mr. Stonesifer will remain with HPE until the end of October to help with the transition.

Mr. Stonesifer played a key role in turning around HP and guiding HPE through the separation, the company said. He also oversaw the completion of 11 acquisitions. Mr. Stonesifer was previously CFO of HP’s enterprise division from early 2014, and had previously served as CFO of General Motors Co.’s international operations.

Mr. Robbiati joins HPE from Sprint, where he served as CFO from August 2015 until January. He helped Sprint lower its debt costs and oversaw the company’s finances as it engaged rival T-Mobile US. Inc. in potential merger talks.

Before Sprint, Mr. Robbiati served as chief executive of Flexigroup Ltd., an Australia-based financial services provider. He also has held various senior business and finance roles at


, Australia’s top telecommunications company.

“HPE will benefit from Tarek’s financial expertise, his customer-centric mind-set, and his industry segment knowledge,” said HPE Chief Executive

Antonio Neri,

during the company’s earnings call on Tuesday.

The executive turnover comes just six months after Mr. Neri took the reins from longtime HPE CEO

Meg Whitman.

HPE announced plans in June to invest $4 billion over four years in so-called edge computing, which allows data to be processed and analyzed on or near the device where its generated. Mr. Robbiati is expected to play a role in directing that investment. Edge computing is driven in part by the rise of Internet of Things technology.

Write to Tatyana Shumsky at tatyana.shumsky@wsj.com

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