8/6 HP’s Mark Hurd Resigns After Sexual Harassment Probe

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Aug. 6 (Bloomberg) -- Hewlett-Packard Co. said Mark Hurd has decided with the Board of Directors to resign as chief executive officer immediately. The board has appointed Chief Financial Officer Cathie Lesjak, 51, as CEO on an interim basis. Hurd is stepping down following an investigation by outside legal counsel and the general counsel’s Office surrounding a claim of sexual harassment against Hurd and HP by a former contractor to HP. The investigation determined there was no violation of HP’s sexual harassment policy, but did find violations of HP’s standards of business conduct. Bloomberg's Cris Valerio, Matt Miller, Lizzie O'Leary, Adam Johnson and Dominic Chu report. (Source: Bloomberg)


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