Menu
HP's Mark Hurd resigns amid sexual harassment investigation

HP's Mark Hurd resigns amid sexual harassment investigation

A complaint was lodged by a former marketing contractor to the company

Mark Hurd is stepping down as CEO of Hewlett-Packard following an investigation into claims that he sexually harassed a former contractor to the company.

The investigation, conducted by outside legal counsel and the company's general counsel and overseen by the board, found that Hurd did not violate HP's sexual harassment policy but he did violate HP's standards of business conduct, the company said.

Cathie Lesjak, HP's CFO, will serve as interim CEO while a search committee looks for a permanent replacement for Hurd. She will retain her CFO position and has asked not to be considered for the permanent position.

"As I step into the role as interim CEO, I've never had more confidence in the company's future," she said in a conference call about the announcement.

HP discovered the situation recently when outside legal counsel sent a letter to the company on behalf of the contractor on June 29. The next day, the board was notified and launched the investigation.

The complaint was lodged by a marketing consultant who does not wish to be named, HP said.

"The announcement today has nothing to do with the operational performance of the company but is really all about Mark's behavior and judgment," said Lesjak.

So far, no civil or other litigation has been filed against Hurd, Mike Holston, HP's general counsel said.

"As the investigation progressed, I realized there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP and which have guided me throughout my career," Hurd said in a statement.

Nancy Gohring covers mobile phones and cloud computing for The IDG News Service. Follow Nancy on Twitter at @idgnancy. Nancy's e-mail address is Nancy_Gohring@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business issuesHewlett-Packardcareer advicepersonnelCEOsresignationHP CEO Mark Hurd

Featured

Slideshows

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.‚Äč

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments