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...
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