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Sex Scandal Twisted, Hewlett Packard (HP) CEO Mark Hurd Resigns

Advance News and Technology Information - The king of the world's No. 1 computer, Hewlett Packard (HP). Because of being hit by a sex scandal, HP Chief Executive Officer Mark Hurd mark hurd, hurd, hp, hp mark hurd, hpq, mark hurd, hp, mark hurd resigns, mark hurd resignation, hewlett packard, resign from his post Friday, August 6, 2010.

HP's press release says an internal investigation found the fact that Hurd was not involved in policy making sexually harassing. But Hurd is considered to violate the code of ethics. mark hurd, hp, mark hurd resigns, mark hurd resignation, hewlett packard.

Because of this scandal, HP shares (HPQ) fell 9 percent while direct trade were opened an hour. HP is making a negative image of stockbrokers worry.

HP executives who refused to be named, said Hurd - who has been married - could not explain the relationship with a beautiful woman hired by HP to handle the marketing field. He repeatedly submitted inaccurate reports expense accounts in an effort to keep the relationship secret, HP.

"This issue of honesty and integrity," said Michael Holston HP advisors when speaking in a meeting with investors and stock analysts.

Hurd is quoted in a press release Fortune, said, "I admit I did not run the principles of honesty, trust and integrity that exist in HP,"

For a while, the position of CEO mark hurd, hp, mark hurd resigns, mark hurd resignation, hewlett packard will be taken over by the Chief Financial Officer, Cathie Lesjak.

2 Responses to “Sex Scandal Twisted, Hewlett Packard (HP) CEO Mark Hurd Resigns”

Claudiu said...
August 7, 2010 at 7:57 AM

tuff luck...

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