Hewlett-Packard Company: CEO Succession in 2010
Posted: 14 Feb 2012
Date Written: February 14, 2011
Mark Hurd resigned as the CEO of Hewlett Packard in 2010 after the board discovered that he had misfiled expense reports and paid an H.P. contractor for unsubstantiated work. After Hurd left H.P., he joined Oracle, an H.P. competitor. Soon thereafter, the H.P. board appointed a new CEO following an eight-week search.
Learning Objective: To allow students to explore how a board balances ethical and strategic considerations in assuring executive leadership for the company.
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