Comments on: HP chairman resigns, CEO confirms knowledge of probe
CEO Mark Hurd takes over chairman's post as Patricia Dunn resigns from a board grappling with scandal.
HP's boardroom drama
CEO Mark Hurd takes over chairman's post as Patricia Dunn resigns from a board grappling with scandal.
HP's boardroom drama
December 4, 2009 6:13 PM PST
December 4, 2009 4:56 PM PST
December 4, 2009 4:25 PM PST
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bayny, I'm on the fence. As long as Hurd can balance disavowing his role in it I think he can maintain his position with HP. The guy really brought the company out of the darkness after Carly Fiorino's departure.
But then again, Patricia and all her fellow conspirators in this affair made their choice of their own free will and now must live with the consequences, and fall on their respective swords to resign in disgrace is a better option!
Still, it wive give rise to the next Wall Street in joke!, when publishing a critique of any company/corporate senior exec. "say have you heard the latest, I am now in the big league ,all my phones, friends and parents have been investigated and pretexted by a Patricia Dunn 'done wrong' clone!, for my latest article!"
Now then, if the all the shareholders could raise enough voting proxy shares to outrank and dump all the all boardmembers period!, at the next annual general meeting, that would go a long way to start cleansing process!
Oh well, time is not on his side now!
I don't for a second buy his ascertain that he didn't read it or know what was going on, the fact that HP's leak situation probe was such a big deal implies he's either a lier, a fool, or just plain stupid. It matters little which one it is, he doesn't belong as Chairman.
Am I biased? You bet! In December 2005, I bought my first H-P computer, a Compaq Presario SX1522X, and I am sorry I did. I have had nothing but problems with this computer and wish I could get a refund on it.
By comparison, my 23-year-old Apple IIe is on the desk behind me and still works beautifully.
H-P's pretexting fiasco will probably be the tip of the iceberg. What other evils lurk in the shadows of H-P?
"Don't blame the computer for what Windows does".
CNET has more coverage on corp. governance here:
http://news.com.com/Has+HP+done+enough+in+corporate+governance/2100-1014_3-6118799.html?tag=cd.top
The statement made during her awards says it all, "I understand rich, I will never understand famous." Understands rich, why patty? I am Rich and I can do anything I want and there is nothing anybody can do about it. I know I have been around people of wealth enough to know how most them think. But I digress!
Likewise, Hurd claims he never read the E-mail.
During a secret and potentially hot investigation such as this, why would Hurd NOT read such an important piece of E-mail.
Hurd as well as the Ethics chairman along with the entire board's credibility is on the line here.
Just how many more were included on that addressee list and who was the sender?
The sender sent it to those in the know and thus knowing who the sender was will be a good point to investigate and find out more info about exactly whom knew about what and when!!!
Walt
Walt
Either someone on the board would have obtrained those numbers and transmitted them to SOS, or they would have authorized HR to divulge this private information to SOS.
That is one area where details have not yet been made public.
I don't think Dunn's resignation was due to the revelation that Hurd was also involved, but rather because what is to come is going to be very damaging to her.
Hurd underlined that he now knew much of what had really happened. This means that current decisions are being taken to prepare the media for what is to come and hopefully defuse bombs before they explode.
With Dunn gone, any bad news about Dunn won't impact HP as much.
Furthermore, by firing Dunn now, she probably gets a nice golden parachute. If they waited for charges to be laid against her, she would probably be fired for "good cause" and not get any compensation.
http://www.theage.com.au/news/Technology/HPs-ethics-chief-pointed-investigator-toward-directors-suspectedof-leaking-email-shows/2006/09/23/1158431932837.html
I don't mean the company as a whole but I do mean the corporate structure and particularly the board and Legal counsel areas.
I hope Mark Hurd survives this but as new revelations seem to be unfolding daily that is a lgitimate question.
I have a few specimens in my lab. HP monstrosities, picked up at the consumer level and quaranteened. Has anyone managed to pick through the myriad of applications that bury themselves into an HP home system when it is setup or recovered from the pay-for recovery disks? Hint: how much information have you given away in the last year alone? Yes!, let us do an investigatiion if we are serious about understanding what precisely is going on at HP.
The first thing that is abundantly striking is that we all brandish huge sticks when it comes to insistances on having the best and brightest, the most up to date, and the highest level of diligences, front and center in our technology employees. Getting huge sums of money dumped on you for an executive postion is not a reason to suddenly dispense with your intelligence, duty of care or moral tenacity.
I do not believe for even a fraction of a second that Hurd did not read the report!! Pointe finale!! No way! You are an executive and so called 'captain of industry' (hmmm) because you have that great power to be able to examine all the detail. What a sad state of affairs that the technologists ARE the best and lead by a group of senior/executive ninnies and incompetents. Ahh but this is more and more the American way of life. America the brave and the free revells in the gross negligence and moral turpitude of its business executives.
Anxious to dispense with discoveries, the quick and clean, always acceptable method in America is to, make someone resign. Problem solved, game over, no problem, 'that was somebody else' doing all that bad stuff. The woefully inadequate solutions provided by HP, and all of the North American public and private sectors, is the dissociative pronouncement of a "guilty party".
One day when the coffee is not quite as thick and the morning air a little fresher it will be like a proverbial ton of bricks when it is realized no one does, or ever has, bought into this ideology which is meant o suggest that a proper punishment has been doled out in fair and objective fashion.
"Very disturbing to me". Hahahaha HA ha... [http://Forgive me here for a moment.|http://Forgive me here for a moment.] I persisted for months presenting Hurd with very disturbing facts,... is the public really so naive that they might for a second think he cares!!!?
Why are we still relying on HP to conduct its own "investigation" into its own "investigation"?
"Complicated situation"?!?!? "Complex"?!?!? There is nothing in here that is either 'complex' or 'complicated'. The U.S. should have had in place, decades ago, real check and balances, a control on how business conduct themselves rather than a faux posturing of righteous indignation.
And there is that legal jargon again first deployed in the Mesozoic Era, " I do not/can not recall". Oh! Gosh, just a minute while I hold my sides.
'Millions of pages', well this is all to difficult for me to fathom, I think we should just get someone to resign and call it even.
- HURD should be herded
- by BoxlessThinker September 25, 2006 11:43 AM PDT
- This idea that CEO Hurd knows nothing...sees nothing...did noooothing is ridiculous. These broken records where CEOs proclaim being hands-on and then instantly take their hands off the wheel when anything about ethics pops up...let alone criminal misconduct...is an example of the insular pat-on-the-back boardroom mentality. The only problem here is that the boardroom players attacked each other. Too bad. The firing of Fiorina sparked a boardroom brawl...and now they are at each other's throats...or private phone records. Not only is Dunn done...but Hurd should be herded right on out of there. According to Perkins, Hurd knew and approved the methods of the investigation. Criminal...you bet. But it speaks even more to this CEOtitist...a disease of massive arrogance, privilege, and separation from the reality of life within and outside their corporations. We as normal people are sick to death of massive greed and power brokering in America. And within venerable HP, just like venerable Enron (MOST Admired Company AND Most Socially Responsible according to the press at one point) there lurks the underpinnings of elistism and invincibility. Out with the lot of them at HP I say...just like with our Congressmen and Senators in the near elections. Time for a real change that reflects a concern for fundamental rights and the well being of average people. They can take their millions and go play on some remote island, drinking rum juice drinks, and bashing each other, but not harming how we work and live anymore.
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