Vyomesh Joshi, the India-born chief of Hewlett-Packard's newly formed imaging and personal systems group, is among the frontrunners to head the $75 billion corporation.
In a letter to shareholders late night, Bostock and three other directors -- Vyomesh Joshi, Arthur Kern and Gary Wilson -- have volunteered not to stand for re-election to the company's board.
Hewlett-Packard, which is targeting a 10 per cent growth for its $20 billion imaging and printing group division, expects India to clock the highest growth rate in the coming years.