Bill Veghte was already having his checks cut by HP (after cutting ties with Microsoft), but now he'll be filling a slightly different corner office. The company today announced that he has been appointed chief strategy officer, but somehow, he'll also have enough time to hold onto his current role as executive vice president of HP Software. We're told that he'll be working with HP's senior business and technology brass in order to innovate in ways that perhaps it hasn't lately, with newly-appointed CEO Meg Whitman saying the following: "Every 10 to 15 years, fundamental shifts occur in the IT industry that redefine how technology is delivered. From mainframes to client/server to the internet, companies that identified the opportunity first and developed the right strategy came out on top. As we move forward, HP intends to stay on top, and I believe Bill has the knowledge and vision to keep us there." Strangely, the release (embedded in full after the break) mentions that Bill will be leading HP's "cloud and webOS open source initiatives," but it fails to elaborate on what exactly those "initiatives" may be.