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Old 08-06-2010, 04:27 PM   #1
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BI: HP CEO Mark Hurd Resigns Over Sexual Harassment Accusations
http://www.businessinsider.com/hp-ce...sations-2010-8

Quote:
"As the investigation progressed, I realized there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP and which have guided me throughout my career. After a number of discussions with members of the board, I will move aside and the board will search for new leadership. This is a painful decision for me to make after five years at HP, but I believe it would be difficult for me to continue as an effective leader at HP and I believe this is the only decision the board and I could make at this time. I want to stress that this in no way reflects on the operating performance or financial integrity of HP."
Whoa.
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Old 08-07-2010, 10:05 AM   #2
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Too bad he walks away with $30M-$40M.
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Old 08-07-2010, 10:22 AM   #3
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Too bad he walks away with $30M-$40M.
I can't believe he still gets that.
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Old 08-07-2010, 10:48 AM   #4
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In his defense, he thought that HP stood for "Heavy Petting".
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Old 08-07-2010, 10:57 AM   #5
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I can't believe he still gets that.
why not? the investigation found that he DID NOT violate the sexual harassment policies of HP but that he did violated some standards of "normal business conduct"

im still trying to figure out why he quit. from reading it appears he may have arranged for the woman in question to be paid @ $20k for work she didnt do. that would be enough, but ya gotta figure , ceo of a company the size of HP, he was losing that much pocket change over the course of a year.
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Old 08-07-2010, 11:39 AM   #6
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She was probably in charge of upgrading the driver for my HP 1012 LaserJet for Windows 7...which does not exist and will not exist, according to HP. Too bad about the spare cartridges I bought and the fact that it's a workhorse printer that I expect to get years of use out of yet. Why waste money supporting old equipment when people can just go out and buy our new crap?

Okay, that was a rant unrelated to the thread, and I apologize.
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Old 08-07-2010, 12:41 PM   #7
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You know, if my country followed the very same standards, its ruling class would be reset in a single day.
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Old 08-07-2010, 01:06 PM   #8
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In his defense, he thought that HP stood for "Heavy Petting".
I thought it stood for "hanky panky."
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Old 08-07-2010, 02:14 PM   #9
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"Hi-Fi P*rn"?
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Old 08-08-2010, 05:01 AM   #10
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In his defense, he thought that HP stood for "Heavy Petting".
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