As the many questions around Mark Hurd's departure continue to go unanswered, a key aide to the former CEO has also abruptly resigned this week.
The mystery deepens. Caprice Fimbres McIlvaine, formerly head of internal communications at Hewlett-Packard (HPQ) and a top aide to ex-CEO Mark Hurd, has left the company, following her boss out the door three days after his departure. Her exit is significant because, according to two MORE
Adam Lashinsky, Sr. Editor at Large - Aug 11, 2010 6:39 PM ET
Why HP was wise to put director Marc Andreessen forward as the board's spokesman on the Mark Hurd crisis.
The delightfully jarring aspect to Hewlett-Packard's (HPQ) bombshell news and investor conference calls last Friday was the board member the venerable company put forward as its public face: Marc Andreessen, not so very long ago the enfant terrible of Silicon Valley.
It was surprising at first blush, given that Andreessen is anything MORE
Adam Lashinsky, Sr. Editor at Large - Aug 11, 2010 1:08 PM ET
Former prosecutor Michael Holston was brought in to enforce an ethics code. His old boss might regret that.
In the 1992 film The Crying Game (memorable for its sexual twists, but I digress without even having gotten started), Forest Whitaker's character famously tells the story of the turtle and the scorpion. The latter mortally stings the former, who with his last breath wants to know why. "It's in my nature," replies MORE
Adam Lashinsky, Sr. Editor at Large - Aug 10, 2010 12:50 PM ET
What exactly do these Silicon Valley executives have in common?
Mark Hurd and Hewlett-Packard's (HPQ) executive board might have thought the worst was behind them, but Oracle's (ORCL) Larry Ellison couldn't leave well enough alone.
Hurd stepped down Friday after an internal sexual harassment inquiry found that he had filed inaccurate expense reports, with all parties to the original claim agreeing that, as actress Jodie Fisher put it, "Mark and I MORE
Philip Elmer-DeWitt - Aug 10, 2010 9:54 AM ET
Mark Hurd's departure is mired in muck, but C-suite headhunters are sure to focus less on the rumors than on the possibilities.
Yes, I know. The focus is supposed to be on who will be the next CEO of Hewlett-Packard (HPQ). Quite right. The company is nuts to suggest it won't skip a beat with Mark Hurd's resignation last week. A new CEO will shake up the senior-management ranks, and the MORE
Adam Lashinsky, Sr. Editor at Large - Aug 9, 2010 6:04 PM ET
Mark Hurd was the last guy who you'd think would end up the subject of sordid speculation. But sometimes "the last guy's" turn gets called. Now who's next in the hot seat?
Talk about a shocker. When Mark Hurd joined Hewlett-Packard (HPQ) in 2005 he aimed to reduce the drama at the staid company that had seen a little too much razzle dazzle under his predecessor, Carly Fiorina. She was all MORE
Adam Lashinsky, Sr. Editor at Large - Aug 6, 2010 11:39 PM ET
CFO Cathie Lesjack named interim CEO
Big news coming out of HP (HPQ) before the weekend: It appears that Mark Hurd, the CEO who engineered HP's comeback after Carly Fiorina's tumultuous tenure, has resigned.
In an internal email written to employees, new Interim CEO Cathie Lesjak said that the charges of sexual harassment by the outside contractor were unfounded.
The investigation did reveal, however, that Mark had engaged in other inappropriate conduct. Specifically, based on MORE
Seth Weintraub - Aug 6, 2010 4:26 PM ET
Just for a moment, forget about revenue and earnings per share. The most interesting number out of Hewlett-Packard's earnings announcement this week was this:
15.8%.
That's the profit margin CEO Mark Hurd and his team squeezed out of HP's (HPQ) services business on the way to an impressive first fiscal quarter. The significance of the number? When Hurd bought lumbering services giant EDS for $13.9 billion a year and a half ago, MORE
Jon Fortt - Feb 18, 2010 1:05 PM ET
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Adam Lashinsky, Sr. Editor at Large - Jan 20, 2010 10:26 AM ET
If HP CEO Mark Hurd does merge the PC and printing businesses, what will that mean for printing chief Vyomesh Joshi?
A few months back, I spent some time at Hewlett-Packard (HPQ) headquarters with Joshi, who's known around HP simply as "VJ." We talked about how he led the printing group to become a sales and profit powerhouse, the how the slowdown in printer sales growth is unfolding, and how he's MORE
Jon Fortt - Oct 2, 2009 2:25 PM ET