Hewlett-Packard Replaces a Third of Its Board

SAN FRANCISCO — Hewlett-Packard Co.‘s decision to replace a third of its board of directors is the latest milestone in a marathon management makeover that the technology icon hopes will allow it to move on after a series of management scandals.

The shake-up announced Thursday is the first sweeping leadership change under HP’s new CEO Leo Apotheker and Chairman Ray Lane.

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