Feeds

HP's Hurd quits quickly on sexual harassment probe

'Painful decision, difficult to continue'

Security and trust: The backbone of doing business over the internet

HP boss Mark Hurd has resigned suddenly following allegations of sexual harassment.

Hurd quit the $17m-a-year chief executive, chairman, and president post on Friday immediately following an investigation into claims of sexual harassment brought by a former HP contractor.

HP said there'd been no violation of its sexual harassment policy, but the investigation did find violations of standards of business conduct.

In a statement Hurd called his exit painful but necessary.

"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," Hurd said

"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."

HP has named chief financial officer Cathie Lesjak, a 24-year HP veteran, as interim CEO while the board searches for a new, full-time chief and chairman. Lesjak ruled herself out of contention for the CEO's spot.

It has been reported that HP became aware that a contractor made the sexual-harassment claim two weeks ago.

The findings of the investigation were that Hurd had a close personal relationship with a female contractor hired by the CEO’s office, with the relationship never disclosed to the board. The contractor received compensation although there had been no justified business reason, and improper expense reports had been submitted by Hurd.

Hurd's exit will be a major blow for HP, which named him CEO in 2005 to help build order and growth from the era of chaos and bitterness that characterized predecessor Carly Fiorina's reign. A 25-year veteran of NCR, Hurd cultivated a reputation of efficient execution while keeping a low personal profile.

During his time, Hurd improved HP's financial performance, market share and operating efficiency. ®

New hybrid storage solutions

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.