Tuesday, November 16, 2010

Forbes names HP for one of year's biggest blunders

Hewlett-Packard [HP] showed in a Forbes pieced titled The Year's Biggest Corporate Blunders:

Does the board at Hewlett-Packard really know what it's doing these days? First it ousted Mark Hurd, the highly capable CEO credited with turning around this behemoth. Its chief executive had violated "standards of business conduct," HP said, after a former HP contractor brought sexual harassment charges against Hurd. News reports say Hurd was really kicked out for prematurely leaking acquisition plans to the contractor. Its new CEO? Leo Apotheker, who is under fire for the alleged theft of Oracle software on his watch.

Of the theft of Oracle software by SAP, see Reuters piece: Oracle enlists private eyes to find HP CEO.


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