mark hurd sex harassment scandal

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.

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.

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.

Hurd's Salary as Oracle President: $950,000

Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle (ORCL), according to a regulatory filing. Hurd, who resigned as CEO of Hewlett-Packard (HPQ) last month over allegations of falsified expense claims, will also have the option to buy 10 million shares in Oracle, and a further 5 million shares in each of the next five years.

HP Sues Ex-CEO Mark Hurd Over New Oracle Job

Hewlett-Packard (HPQ) is suing its former chief executive, Mark Hurd, after news that he will be taking the post of co-president at competitor Oracle (ORCL). HP alleges that Hurd could end up violating confidentiality agreements by accepting the position.

Oracle hires former HP CEO Mark Hurd

Technology giant Oracle has hired as its new president Mark Hurd, the former chief executive of Hewlett-Packard, who resigned amid a scandal. Hurd...

Oracle Hires Mark Hurd as a Co-President

Oracle's Larry Ellison is standing by his man, ex-Hewlett-Packard CEO Mark Hurd. Ellison, who was highly critical of HP's board of directors for showing Hurd the door over a seemingly minor expense-report infraction has hired his friend to become one of Oracle's co-presidents.

Face-Off on Stocks: HP, Cisco and Intel

Tech stocks are on sale these days, giving buyers a chance to pick up shares at impressive discounts. The sale isn't due entirely to market jitters. A good sex scandal helped to create opportunity as did less than rosy earnings forecasts.

HP Board Blindsided by PR Campaign on Hurd's Behalf

The board of Hewlett-Packard Co (HPQ) was blindsided by the public relations campaign waged on behalf of former CEO Mark Hurd, who resigned last week over alleged ethics violations. Hurd, who collected a $12.2 million cash payment as part of his separation, hired Los Angeles-based public relations firm Sitrick & Co. days before quitting, The Wall Street Journal reported without naming its sources. Sitrick is known for handing crisis communications for big names such as celebrity Paris Hilton.

Woman in HP Scandal Says She Is 'Saddened' CEO Lost His Job

Jodie Fisher, the woman at the center of the sexual harassment claim that led to Hewlett-Packard Co. (HPQ) CEO Mark Hurd resigning, said that she is "surprised and saddened" that the events cost him his job. Fisher, 50, knew Hurd through her work as a contractor with HP%u2019s marketing department, The Associated Press reported. Between 2007 and 2009, she was paid as much as $5,000 per event to greet people and make introductions among executives at events.