Hewlett-Packard said Friday that CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards.
The abrupt resignation shocked Silicon Valley and could sidetrack the tech powerhouse’s recent resurgence.
HP, the world’s No. 1 PC maker and printer company, says Hurd, 53, resigned after the investigation into a sexual-harassment claim against him and the company by a former HP contractor. The probe concluded the company’s sexual-harassment policy was not violated, but its standards of business conduct were.
During the investigation, Hurd said he “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,” according to a statement released by HP after the markets closed. Hurd said he believed it would be “difficult to continue as an effective leader at HP.”
via HP CEO Mark Hurd resigns after sexual-harassment probe – USATODAY.com.
