
HP Chief Executive Hurd Resigns After … You Guessed it Sexual Harassment Probe
On Friday last week Hewlett-Packard (HP) Co.’s Mark Hurd resigned as chief executive officer (CEO) amidst the accusations of sexual harassment investigation. The claims against Hurd and HP are from a former marketing contractor. Hurd met with the rest of the Board of Directors and they decided that he should resign based on the allegations. HP claims that although there were no violations against its sexual harassment policy, Hurd violated the company’s standards of business conduct by submitting inaccurate expense reports that covered his relationship with the contractor.