Hurd Lied to HP (HPQ) Board
Tweet
Share
E-mail
Get Alerts HPQ Hot Sheet
Join SI Premium – FREE
According to a letter from incoming Hewlett-Packard Co. (NYSE: HPQ) chairman Ray Lane sent to the New York Times, former CEO Mark Hurd lied to the Board of Directors at HP will serving as the company's chief executive officer.
"No board can retain a CEO who violates the trust and integrity needed to lead a public company," Lane wrote.
HP has been publicly criticized by analysts, shareholders and other business leaders for pushing Hurd out.
Shortly after departing HP, Hurd was hired by Oracle Corp. (NASDAQ: ORCL).
"No board can retain a CEO who violates the trust and integrity needed to lead a public company," Lane wrote.
HP has been publicly criticized by analysts, shareholders and other business leaders for pushing Hurd out.
Shortly after departing HP, Hurd was hired by Oracle Corp. (NASDAQ: ORCL).
Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
Mark HurdSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
