HP Labs Director Resigns

Hewlett-Packard Senior Vice President Prith Banerjee, who for five years headed the corporation’s vast research and development organization, HP Labs, will be leaving the company effective April 15, according to an internal document distributed by CEO Meg Whitman. HP hasn’t made an announcement of Banerjee’s departure.

Banerjee is leaving for a position that will be based outside the U.S. with another organization, but that organization’s identity couldn’t immediately be learned.