The one winner in the Hewlett-Packard boardroom spying scandal appears to be president and CEO Mark Hurd. He will soon add chairman to his duties, so long as he manages to avoid the mess that has splattered on current chairwoman Patricia Dunn. But some corporate governance experts wonder about consolidating so much power in one person's hands. "This is a big step back for the good corporate government movement," says Kirk O. Hanson, director of Santa Clara University's Markkula Center for Applied Ethics.
September 18, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The one winner in the Hewlett-Packard Co. boardroom spying scandal that has enthralled Silicon Valley appears to be Mark Hurd.
The CEO and president will soon add chairman to his duties, so long as he manages to avoid the mess that has splattered on the current chair, Patricia Dunn. But some corporate governance experts wonder about the wisdom of consolidating so much power in the hands of one person.
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