Hewlett-Packard chairman Patricia Dunn will step down in January, to be succeeded by CEO and president Mark Hurd, who will retain his existing roles as well.
The company announced the transition Tuesday morning following deliberations by its board over the weekend and into last night. Dunn, a director who became chairman following the ousting of Carly Fiorona last year, came under fire this week for a probe by outside firms that obtained phone records of journalists and several board members. The records were allegedly obtained using pretexting by investigators allegedly posing as the individuals.
The investigation was ordered to determine who on the board was leaking information. HP is now being investigated by several government agencies, which it says it is cooperating with.
Dunn will remain a director, while Richard Hackborn will be lead independent director in January. Hackborn spent 33 years at HP and served as chairman in 2000. He also headed HP's PC business before retiring in 1993.
|
Five Companies That Dropped The Ball This Week For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
|
Five Companies That Came To Win This Week For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors |
|
10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
 More
Slide Shows |
- HP Board Huddles For Two Days To Mull Probe
- HP's Dunn Says She Has No Plans To Resign
- 'We Are A Company In Transition," Says HP's Hurd
- Cognizant Sales Soar, Exec Promotions Follow
- VAR500 Company EPAM Systems: IPO Update
- VARs Plan 'Divide And Conquer' To Cover Next Week's HP, VMware Conferences
- HP Execs: iPad Is Not Secure Enough For Enterprises
