Mark V. Hurd, who turned Hewlett-Packard into the world’s largest technology company on the back of fierce fiscal discipline, has been ousted from his post for the lowliest of corporate offenses--fudging his expenses, reports the New York Times. H.P.’s board stunned Silicon Valley and Wall Street late on Aug. 6 by announcing Hurd’s resignation as chairman and chief executive of the computing and printing giant, involving what it said was a “close personal relationship” with a contractor who helped with the company’s marketing. The woman’s lawyer contacted the company in late June, charging sexual harassment. While the directors were investigating...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our news and resources


  • About the Author:

    Maya Prabhu