So what's really going on?
August 9, 2010 | Late Friday afternoon, the news came that Mark Hurd, HP's chief executive, had resigned. Officially it was because he had violated HP's Standards of Business Conduct, something discovered in an investigation of sexual harassment, charged by a marketing contractor.
Hurd’s decision was made following an investigation by outside legal counsel and the General Counsel’s Office, overseen by the Board, of the facts and circumstances surrounding a claim of sexual harassment against Hurd and HP by a former contractor to HP. The investigation determined there was no violation of HP’s sexual harassment policy, but did find violations of HP’s Standards of Business Conduct.
What Hurd did, apparently, is fudge his expense reports to hide a relationship with a marketing contractor. The total amount of money involved is said to be less than $20,000 (NYTimes). Supposedly Hurd had dinners with Fisher but omitted her name on his expense reports.
The anonymous contractor, represented by celebrity lawyer Gloria Allred, identified herself over the weekend as Jodie Fisher (NYTimes), who appeared in a few racy movies and was a participant on an obscure one-season NBC reality show (WashingtonPost).
Fisher is quoted as saying, "I was surprised and saddened that Mark lost his job over this. That was never my intention."
What did she intend by filing charges of sexual harassment? The fact that she and Hurd had settled the charges for an undisclosed amount of money may be a clue....
It just doesn't add up:
Of course, Hurd received lovely parting gifts, reportedly some $12.2 million in cash and HP stock worth about $16 million. One has to wonder about Fisher's lovely parting gifts....
The HP Board called Hurd's lapse "a profound lack of judgment," and it was that. But it doesn't make sense. I'm just saying.
Last updated on Apr 13, 2018