RobertoOrtiz
09-13-2006, 12:35 PM
Quote:
"Hewlett-Packard shook up its board Tuesday to deal with a growing investigation of its own probe of boardroom leaks, but experts said the computer maker that helped make Silicon Valley into a world-class technology powerhouse has yet to put the scandal behind it.
HP Chairwoman Patricia Dunn is taking the fall for the boardroom scandal - she will leave her post after the company's Jan. 18 board meeting, the company said. She will be succeeded by CEO Mark Hurd, who took that post 17 months ago and has helped the company win fans on Wall Street.
Dunn will stay on as a director and board member Richard Hackborn will serve as lead independent director starting in January, the company said.
In a related development, California Attorney General Bill Lockyer said his office has enough evidence to obtain indictments of people within Hewlett-Packard Co. (Charts) and of hired contractors, after the company disclosed questionable tactics in a boardroom leak investigation."
>>LINK<< (http://money.cnn.com/2006/09/12/news/companies/hp_dunn/index.htm?postversion=2006091210)
-R
"Hewlett-Packard shook up its board Tuesday to deal with a growing investigation of its own probe of boardroom leaks, but experts said the computer maker that helped make Silicon Valley into a world-class technology powerhouse has yet to put the scandal behind it.
HP Chairwoman Patricia Dunn is taking the fall for the boardroom scandal - she will leave her post after the company's Jan. 18 board meeting, the company said. She will be succeeded by CEO Mark Hurd, who took that post 17 months ago and has helped the company win fans on Wall Street.
Dunn will stay on as a director and board member Richard Hackborn will serve as lead independent director starting in January, the company said.
In a related development, California Attorney General Bill Lockyer said his office has enough evidence to obtain indictments of people within Hewlett-Packard Co. (Charts) and of hired contractors, after the company disclosed questionable tactics in a boardroom leak investigation."
>>LINK<< (http://money.cnn.com/2006/09/12/news/companies/hp_dunn/index.htm?postversion=2006091210)
-R
