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Hurd & the HP Board: More on the Story Behind the Story
According to a story appearing in the online version of The Wall Street Journal on Sunday, Hewlett-Packard's board decided to oust Mark Hurd Aug. 6 after the chief executive reached a sexual-harassment-claim settlement that directors thought impeded their probe of the claim, according to a person familiar with the board's thinking.
The settlement between Mr. Hurd and Jodie Fisher, a former marketing contractor for H-P, was reached on the evening of Aug. 4 without the board's input or knowledge, this person said. It scuttled a mediation session set for the next day at which Ms. Fisher and her lawyer were to meet with H-P's outside counsel and Mr. Hurd's personal lawyer, people familiar with the matter said.
More on Hurd
Richi Jennings, in his IT Blogwatch column, compiled some interesting reaction to Mark Hurd's surprise 'resignation.' Most notable is the fact that Hurd was despised by many HP employees.
Read for yourself.
For sure, this seems to be a story that won't die.
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