Mark Hurd steps down from HP after it concluded that he did NOT violate the company's sexual harassment policy. What???? Under his tenure the stock price more than doubled. He re-energized a company that had been brought to it's knees by former boss and wannabe senator Carly Fiorina. He got the company out of many questionable lines of business. So, why is he being let go? There is obviously more to this story than has been reported to date. Rumors are flying about expense reports that were falsified, but I can't believe Mark Hurd actually filled out his own expense report.
The HP board has been in the news twice in the last decade. First, they totally botched the exit of Queen Carly and now they are giving the boot to a guy that put them back in power as a major technology player. Can you say shareholder lawsuit?
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