Karen L. Parkhill
Summary
Karen L. Parkhill has been HP Inc.'s chief financial officer since August 5, 2024, following senior finance roles at Medtronic, Comerica, and JPMorgan Chase.
Biography
Parkhill joined HP as executive vice president and chief financial officer on August 5, 2024. She oversees the company's finance organization and functions including accounting, controls, planning and analysis, tax, audit, treasury, mergers and acquisitions, corporate development, and investor relations. ([hp.com](https://www.hp.com/us-en/hp-information/executive-team/team.html?msockid=2d910c2ba2366947136a1a76a3116815&utm_source=openai)) She was Medtronic's executive vice president and CFO from 2016 to 2024. Before Medtronic, she was vice chairman and CFO of Comerica from 2011 to 2016 and CFO of JPMorgan Chase's Commercial Banking business from 2005 to 2011. ([sec.gov](https://www.sec.gov/Archives/edgar/data/4962/000119312525054588/d804836ddef14a.htm?utm_source=openai)) Parkhill began her career in investment banking at JPMorgan, with experience in mergers and acquisitions and capital markets. She holds a bachelor's degree from Southern Methodist University and an MBA from the University of Chicago. ([hp.com](https://www.hp.com/us-en/newsroom/press-releases/2024/hp-appoints-karen-parkhill-cfo.html?msockid=2a526cf6d57c69240a3d7a01d43e68b8&utm_source=openai))
Notable achievements
- Helped HP raise its Future Ready structural cost-savings target to $1.9 billion by the end of fiscal 2025. ([investor.hp.com](https://investor.hp.com/news-events/news/news-details/2025/HP-Inc.-Reports-Fiscal-2025-First-Quarter-Results/default.aspx?utm_source=openai))
- Oversaw finance during HP's fiscal 2025, when the company reported $2.9 billion in free cash flow and returned $1.9 billion through dividends and share repurchases. ([hp.com](https://www.hp.com/us-en/newsroom/press-releases/2025/hp-inc-reports-fiscal-2025-full-year-and-fourth-quarter-results.html?msockid=189cbcccddb6643e2185aa37dc9c653e&utm_source=openai))
- Supported HP's fiscal 2026 plan to invest in AI-enabled initiatives while targeting approximately $1 billion in gross run-rate savings by fiscal 2028. ([hp.com](https://www.hp.com/us-en/newsroom/press-releases/2025/hp-inc-reports-fiscal-2025-full-year-and-fourth-quarter-results.html?msockid=189cbcccddb6643e2185aa37dc9c653e&utm_source=openai))
- Previously led finance at Medtronic during the integration and capital-allocation period following the Covidien acquisition. ([investorrelations.medtronic.com](https://investorrelations.medtronic.com/image/Medtronic%20plc%202016%20CEO%20Letter%20to%20Shareholders.pdf?utm_source=openai))
Problem areas / controversies
- HP's fiscal 2025 GAAP diluted EPS declined 5.7% year over year, even though revenue increased 3.2%. The result reflects company-wide pressures rather than a problem attributed solely to Parkhill. ([hp.com](https://www.hp.com/us-en/newsroom/press-releases/2025/hp-inc-reports-fiscal-2025-full-year-and-fourth-quarter-results.html?msockid=189cbcccddb6643e2185aa37dc9c653e&utm_source=openai))
- HP entered fiscal 2026 with higher memory and storage costs, potential supply constraints, and a planned workforce-reduction and restructuring program. ([sec.gov](https://www.sec.gov/Archives/edgar/data/47217/000004721726000011/hpq-20260131.htm?utm_source=openai))
- Parkhill has a relatively short tenure at HP, so there is limited public evidence yet to assess her longer-term record at the company; the reviewed filings did not identify a major personal controversy involving her.