Mark Hurd

Why Hewlett-Packard Will Never Be Great Again

In the past two years, Hewlett-Packard's world has turned upside-down, thanks to CEO woes, costly acquisitions and a doomed attempt to revive webOS. All those problems cost the tech giant 58% of its market value. But as bad as things appear now, they can always get worse.

Average Joe CEO Made $9.6 Million in 2011

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by the AP using data from Equilar, an executive pay research firm.

What to Watch This Week: Seeds, Sex, Schools and FedEx

On Monday, the stock market will take the day off to shake the confetti out of its hair. But on Tuesday, it'll be back to business as usual on Wall Street. Here are some of the items that will shape the first trading week of 2012.

Yahoo's Board Eyes Replacement for Bartz

On Tuesday, Yahoo ousted embattled CEO Carol Bartz, potentially paving the way for media-savvy executive Ross Levinsohn to step in and lead the struggling Internet company. To date, some members of Yahoo's board are "very much impressed" with Levinsohn, according to one source.

HP to Launch Investigation into Hurd's Departure

Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP's directors wasted company money by awarding Hurd as much as $53 million in severance.

CEO Sex Scandals: A Rogues' Gallery

CEOs are supposed to know when to say no. But when it comes to the temptation of having an adulterous affair, even some of the toughest-minded bosses just can't hold up a stop sign. Here are nine chief execs (all men) who made headlines for succumbing to the call of lust.

Larry Ellison: HP Board Must 'Resign En Masse Right Away'

Oracle CEO Larry Ellison doesn't think highly of Hewlett-Packard's board. In fact, he thinks the entire board should resign -- pronto. Why? Because "the madness must stop," Ellison said, referring to HP's hiring of Leo Apotheker, a former chief of German software giant SAP

Despite Howls, Leo Apotheker May Be Just What HP Needs Now

Wall Street has been quick to punish Hewlett-Packard after the computing and software giant named former SAP chief Leo Apotheker as its new CEO on Sept. 30. But if SAP's culture says anything about what HP will be like under Apotheker, it may get back to making bets on innovation. Wall Street has been quick to punish Hewlett-Packard after the computing and software giant named former SAP chief Leo Apotheker as its new CEO on Sept. 30. But if SAP's culture says anything about what HP will be like under Apotheker, it may get back to making bets on innovation.

$4 Million Signing Bonus for New HP CEO Leo Apotheker

HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren't impressed with the choice of the former CEO of software giant SAP to lead HP, they're really not going to like his compensation package.

HP Names Former SAP Chief Leo Apotheker as CEO

In a somewhat surprising move, HP went outside its walls -- and all the way to Germany -- to find the chief executive to replace the ousted Mark Hurd. Apotheker had stepped down as software giant SAP's CEO in 2010.

HP Forecasts a Healthy 2011; No Hints on New CEO

Hewlett-Packard (HPQ) forecast healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. The company gave no hints as to who its new CEO may be, almost two months after Mark Hurd stepped down following allegations of abusing his expense account.

HP Settles Suit Over Mark Hurd's New Job at Oracle

Well, that was fast. Hewlett-Packard has settled the lawsuit it filed against its former CEO Mark Hurd, who joined rival Oracle in early September after he was forced out of HP amid a sexual harassment probe.

Mark Hurd Pitches New Oracle Data Servers at Annual Confab

Oracle Corp. Co-President Mark Hurd, who was brought aboard by the software giant after leaving his CEO post at Hewlett-Packard Co. last month amid controversy, unveiled four new versions of the company's Exadata storage servers at Oracle's annual customer conference in San Francisco today, the Wall Street Journal reported.

HP Close to Appointing New CEO

Hewlett-Packard will probably have a new CEO in under a week. The candidate will likely come from inside the company, which would almost certainly allow the board of directors to speed through the process.

Eight Boneheaded Blunders by America's Biggest CEOs

The CEOs of America's largest companies are often coached by a team of public relations professionals, but every once in awhile an executive goes rogue. Here are some of the biggest verbal blunders made by well-known chief executives.

IBM CEO Disses HP and Hurd, Praises Oracle and Ellison

Big Blue isn't bullish on Hewlett-Packard. IBM CEO Samuel J. Palmisano launched a verbal barrage Tuesday at its Silicon Valley rival, criticizing HP's expensive 3PAR purchase, its handling of the ouster of scandal-tarnished CEO Mark Hurd, and its overall strategy.

Hewlett-Packard Close to ArcSight Deal

HP is close to a deal to buy security software maker ArcSight (ARST). The transaction would be worth about $1.5 billion, or a little more that $43 a share. That's a 24% premium over where ArcSight's shares traded on September 10.

Larry Ellison's Endgame: Buy HP to Fight IBM?

Now that Oracle CEO Larry Ellison has HP's Mark Hurd, he could be getting ready to make the next move -- and go for all of HP. Sounds crazy, but at least one respected tech analyst thinks it'll happen. And he notes that Ellison is used to winning.

As HP and Apple Show, CEO Succession Planning Is Key

It might be a scandal. Or an illness. Or the CEO could simply quit. Regardless of the cause, major companies can't afford to wait until a sudden crisis dictates the need to find a new CEO. Korn/Ferry's Ana Dutra explains.