Items tagged with mark hurd

Out of nowhere, HP CEO has resigned. Quit. Left the company. Headed for other pastures. Late on a Friday, after most investors had headed out for the weekend, Hewlett-Packard quietly dropped a bomb that their CEO was no more. Effective immediately, CEO Mark Hurd no longer has his CEO title, and CEO Cathie Lesjak has been appointed interim CEO. The reason? Anytime there's a sudden departure, rather than a departure where the existing CEO helps bring on his or her replacement, it usually means scandal. And in this case, it's a scandal. HP has confirmed that there has been a claim of sexual harassment against Hurd, and while the female in question is apparently not going to file any charges, it... Read more...