=>> Watch the Video of Mark Hurd Here! <<=
Mark Hurd fired has been a wide discussion over the nation. Mark Hurd was a little-known executive from Ohio when he was tapped to lead Hewlett-Packard five years ago, after one of the most turbulent periods in the Silicon Valley icon’s history. Hurd had been CEO of NCR Corp. where he earned a reputation as a skilled manager that turned around the then-Dayton, Ohio-based maker of ATMs when the H-P board picked him to lead the company. It was widely considered a bold but risky move. Hurd was not that well-known, and he had been running a company much smaller than H-P. Even Hurd himself seemed surprised as he took on the role.
Hewlett-Packard Co.’s Mark Hurd joins a long list of corporate leaders felled by personal ethical lapses in recent years. Robert Moffat, a former senior vice president at International Business Machines Corp., left the company last year after becoming ensnared in big insider trading case involving the hedge fund group Galleon and other corporate executives and traders on Wall Street. John Browne, the former chief of oil giant BP PLC, resigned in 2007 after he admitted lying to a judge while trying to prevent a British newspaper from exposing details about his personal life.
=>> Watch the Video of Mark Hurd Here! <<=
Hurd was not beloved, and plainly didn’t care to be. It will be remembered about his first press conference, where he was prodded by reporters to put a cap on the turmoil of the Fiorina years by giving HP’s employees a verbal pat on the back. He was also egged on to state that there would be no upcoming layoffs. He refused to do either. It worried that former HP CEO Mark Hurd might not know what to do with himself after getting caught falsifying expense reports to hide the girl #2 and being forced to resign. Mark Hurd just got $12 million in cash for fraudulently filing expense reports to conceal his mistress — not a bad trick if you can pull it off.
Hewlett-Packard Co. CEO Mark Hurd fell fast after the company revealed his secret relationship with a former contractor Friday. Until Mark Hurd Fired, sending HP’s stock tumbling after hours, he had a nearly bulletproof reputation on Wall Street. During his five-year stewardship of the world’s biggest maker of personal computers and printers, its stock price had doubled, boosting its market value more than $40 billion, and it became the world’s No. 1 technology company by revenue. HP said Hurd was forced out after the company discovered he had a relationship with a woman who worked with HP on marketing matters.
=>> Watch the Video of Mark Hurd Here! <<=
About the Author
So far there's (just?) 0 comments on this post - join in and add one »