HP CEO Mark Hurd Steps Down After Sexual Harassment Claim

Mark Hurd is stepping down from HP after a sexual harassment claim has been made. He resigned and the HP committee is searching for a replacement. Cathie Lesjak, HP’s CFO will be the interim CEO. Hurd is getting a $12.2 million separation package upon his departure. HP board member Marc Andreessen will help the company find the next CEO. [ZDNet]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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