Tag:

Mark Hurd

Latest Headlines

Latest Headlines

Hewlett-Packard board still faces scrutiny

The Hewlett-Packard board remains under fire since the awkward departure of former CEO Mark Hurd, who joined top competitor Oracle following a mini-scandal over his relationship with a former consultant. Four directors--Joel Hyatt, John Joyce, Robert Ryan and Lucille Salhany--stepped off the H

Court to rule on Mark Hurd's letter to accuser

Resigning from Hewlett-Packard is proving to be very difficult for former CEO Mark Hurd. Recall that he was forced to step down in the wake of the scandal involving alleged inappropriate conduct with a contractor, with whom he reached a private settlement negotiated by Gloria Allred. But the d

CEO does the right thing: Reveals illness

We've been discussing CEO succession a bit in the context of the Mark Hurd drama at Hewlett-Packard. The sudden departure of the CEO left the board in something of a lurch, which could have been prevented if it had done its job regarding CEO succession.  When it comes to Hugh Martin, CEO

Bribery probe at H-P heats up

We've noted before that investigators have really stepped up enforcement of the Foreign Corrupt Practices Act , which bars American companies from bribing foreign officials. The latest news is that Hewlett-Packard--which has its hands full with Mark Hurd's firing and subsequent fallout--h

Hewlett-Packard purchases ArcSight security firm for $1.5 billion

Here's one way to take the spotlight off the Mark Hurd near-scandal: Make a dazzling software company purchase. Hewlett-Packard will pay $1.5 billion for ArcSight, a huge premium, reports ZDnet . But the firm is convinced it will be worth it. The purchase will round out is growing suite of comp

Another H-P board lesson: Think through noncompete issues

The Hewlett-Packard firing of Mark Hurd provoked a lot of reactions . It won some plaudits for firing Hurd as CEO in the wake of a near-scandal involving an attractive woman, expense account fudging and a harassment suit. But it was also excoriated by some defenders of Hurd for rushing to j

Mark Hurd and Sarbanes-Oxley

The messy Mark Hurd affair at Hewlett-Packard has given rise to much discussion about the H-P board. Some have praised it for acting forthrightly. Many noted a Wall Street Journal article on how the board grew increasingly frustrated with what it deemed to be less than cooperative behavior

Was the Hewlett-Packard board fair to Mark Hurd?

Ethical breaches are never easy for directors to deal with, especially when it comes to the CEO, who often is also chairman, that is, their boss. But you have to be willing to act. For better or worse, the Hewlett-Packard board certainly took action when it got word of a scandal brewing around CEO

Citigroup reaches out to... HP?

Hewlett Packard to the rescue? Vikram Pandit, CEO of Citigroup , is reaching out to HP executives for insight into how to stand firm in the face of investor pressure to spin off key assets. The talk seems to be on IT issues, and how they can stitch various units into something whole. HP, of co