Agilent Technologies names William Sullivan as president and CEO

Ned Barnholt to retire as chairman, president and CEO

25-Jan-2005

Agilent Technologies Inc. announced that its board of directors has elected William P. (Bill) Sullivan as the company's next president and chief executive officer, effective March 1, 2005. Sullivan, 55, currently Agilent's executive vice president and chief operating officer, succeeds Edward W. (Ned) Barnholt, who has announced his retirement as chairman, president and CEO of the company he helped launch following its spin-off from Hewlett-Packard in 1999. Barnholt, 61, had previously been an executive vice president of HP and the general manager of its measurement organization that incorporated all of Agilent's business groups.

James G. Cullen, 62, who has served on Agilent's board of directors since 2000, will assume the position of non-executive chairman upon Barnholt's retirement in March. At that time, Sullivan will join the board. Barnholt will stay on as chairman emeritus as long as needed to ensure a smooth transition.

In addition to his current responsibilities as executive vice president and COO of Agilent, Sullivan has had overall responsibility for the Electronic Products and Solutions Group (EPSG), Agilent's largest business group. He has been instrumental in returning this business to financial health and in helping to lead the company's operational transformation. Sullivan was formerly senior vice president and general manager of Agilent's Semiconductor Products Group. He joined Hewlett-Packard in 1976, and during the course of his career developed considerable expertise in telecommunications, data communications, computers and semiconductors.

Sullivan, who was born in Yakima, Wash., received a Bachelor of Science degree from the University of California at Davis.

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