How steep is the price for tossing out your 'superstar' CEO? Now that the tech giant has swept out a third of its board of directors over the handling of Mark Hurd's ouster after a sex scandal — what's the plan to fight off angry shareholders and the SEC?
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ALSO SEE:
Hewlett-Packard Replaces a Third of Its Board
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HP to Probe Hurd's Departure (Again)
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How HP's GC Handled CEO's Sex Scandal Nightmare
January 31, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Maybe Hewlett-Packard Co. should be changing its motto from invent to reinvent.
Three months ago the technology giant named Leo Apotheker its new CEO and Raymond Lane chairman of its board of directors following the ouster of then-CEO Mark Hurd last August.
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