New York University has named Vyomesh Joshi (VJ), executive vice president of the Imaging and Printing Group (IPG) at HP as the winner of the 2009 Prism Award. This award is presented annually in recognition of distinguished leadership in the graphic arts and communications industry. Sponsored by NYU’s Master of Arts in Graphic Communications Management and Technology Programme, the 2009 Prism Award will be presented to Joshi during the 24th Annual Prism Award Luncheon on June 24th in New York city.
VJ joined HP in 1980 as a research and development engineer and has held various leadership positions. He holds a master’s degree in electrical engineering from Ohio State University. VJ has also been a member of the Yahoo! board of directors since 2005.
In the last seven years, under VJ’s leadership, IPG has grown revenue from $19 billion to $29 billion and doubled its operating profit to more than $4 billion. IPG’s business encompasses inkjet, laserjet and commercial printing, as well as printing supplies, digital photography, entertainment, graphics and managed services. The company has been the worldwide market leader in printing since the introduction of its first inkjet and laserjet printers in 1984, and has sold more than 400 million inkjet printers since then and, in 2006, shipped its 100 millionth laserjet printer. HP’s imaging and printing intellectual property portfolio includes more than 12,500 patents worldwide.
The proceeds of the Prism Award Luncheon help fund student scholarships as well as student and programme support for New York University’s internationally renowned Graphic Communications graduate programme, which offers curricula to develop the next generation of industry leaders. Since its inception, the Prism Award Luncheon has raised millions of dollars for education.