Hewlett Packard CEO Mark Hurd Quits After Sexual Harassment Claim

Hewlett-Packard CEO Mark Hurd announced Friday he has resigned. Hurd’s resignation comes after an employee filed a sexual harassment claim against him. Though an investigation found Hurd did not sexually harass the employee, it did find he failed to follow HP’s standards of conduct policy.

"As the investigation progressed, I realized there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP and which have guided me throughout my career. After a number of discussions with members of the board, I will move aside and the board will search for new leadership,” Hurd said.

Hurd joined HP in April 2005. Chief financial officer Cathie Lesjak will temporarily assume Hurd’s position until a new CEO is chosen.

###

Click here for more People News

About WooEB

WooEB Community is a business, music and social networking community. WooEB provides members with a wealth of applications that enable them to create an in-depth profile within the community. Profiles include an About Me, Background and Lifestyle, Videos, Photo sharing, News, Music, Blogs, unique URL and networking with other members inside the WooEB community. WooEB provides ADit to each member providing them the opportunity to have an exclusive profile (no outside advertising) displaying only banner ads they upload to their pages. Members can run their own ads or give or sell their ad space to advertisers at prices the member sets.

To create your profile sign up and within minutes you too can have your People profile running your ads and building your network with new members daily.