Ann Baskins, the GC of Hewlett-Packard, announced her resignation Thursday, shortly before the company's former chairwoman told Congress she was never advised that HP's spying probe involved illegal tactics. Baskins had been scheduled to testify to a House committee, but she invoked her Fifth Amendment right against self-incrimination and did not answer lawmakers' questions. As part of Baskins' severance, she must forfeit all her restricted HP stock but will take away retirement payments of $1.78 million.
September 29, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The general counsel of Hewlett-Packard Co. announced her resignation Thursday, shortly before the company’s former chairwoman told Congress she was never advised that HP’s spying probe involved illegal tactics.
Ann Baskins had been with HP for 24 years, including the past six as the company’s top in-house lawyer. She had been scheduled to testify to a House committee as well, but she invoked her Fifth Amendment right against self-incrimination and did not answer lawmakers’ questions.
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