HP's Board Ousting Mark Hurd: An Example of Corporate Governance?
Code : GOV0058
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Region : US |
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Introduction:
Mark Hurd (Hurd) as Hewlett Packard's (HP) CEO and Chairman, had come in for plenty of praise, from both Wall Street and corporate America for turning around a company of HP's size and keeping it on the growth track in the face of acute recession during 2008-2010. In 2010, though, Hurd was ousted from HP on the charges of fudging the expense accounts. Analysts expressed surprised that none of his achievements had helped save his job at HP. |
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