CCTV.com - CNTV English - CCTV News

HP CEO resigns due to sexual-harassment allegations

08-07-2010 08:11 BJT

SAN FRANCISCO, Aug. 6 (Xinhua) -- Hewlett-Packard Co. announced Friday that the company's Chairman, Chief Executive Officer and President Mark Hurd had decided to resign his positions on allegations of sexual misconduct.

Mark Hurd, chief executive officer and president of HP, delivers his keynote presentation during the HP Technology Forum at the George R. Brown convention center in Houston September 18, 2006. (Xinhua/Reuters file photo)
Mark Hurd, chief executive officer and president of HP,
delivers his keynote presentation during the HP Technology
Forum at the George R. Brown convention center in Houston
September 18, 2006. (Xinhua/Reuters file photo)

"Hurd's decision was made following an investigation by outside legal counsel and the General Counsel's Office, overseen by the Board, of the facts and circumstances surrounding a claim of sexual harassment against Hurd and HP by a former contractor to HP, " the company said in a press release.

It added that the investigation determined there was no violation of HP's sexual harassment policy, but did find violations of HP's Standards of Business Conduct.

"This is a painful decision for me to make after five years at HP, but I believe it would be difficult for me to continue as an effective leader at HP and I believe this is the only decision the board and I could make at this time,"said Hurd in the announcement.

The HP board had named the current Chief Financial Officer Cathie Lesjak, 51, as CEO on an interim basis. Lesjak has taken herself out of consideration as the permanent CEO but will serve as interim CEO until a new CEO is selected, the company said.

Hurd, 53, succeeded CFO Robert Wayman, who served as interim CEO from Feb. 10, 2005 to March 28, 2005 after former CEO Carly Fiorina stepped down.

 

Editor:Zhang Pengfei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program