HP chairman apologizes, promises to go
3409
Dunn-leading Patricia Dunn, chairman of HP, will leave the position in January next year and be replaced by current CEO Mark Hurd. Dunn's position has been shaky since her role in the snooping scandal became public - Dunn hired private detectives to spy on directors and reporters.â¦
92542
Dunn-leading HP chairman Patricia Dunn will leave the position in January next year and be replaced by current CEO Mark Hurd. Dunn's position has been shaky since her role in the snooping scandal became public - Dunn hired private detectives to spy on directors and reporters.â¦
311430
The chairman of Hewlett Packard is stepping down amid controversy over a probe into leaks at the firm.
487936
PALO ALTO, California  - Hewlett-Packard   Co.HPQ.N on Friday said Chairman Patricia Dunn had resigned   effective immediately as pressure on the computer maker mounts   over an internal investigation into boardroom leaks.
610535
(InfoWorld) - Last year's HP Technology Forum was chased out of New Orleans by Hurricane Katrina. This year, storm clouds of a different sort hang over the event. As an estimated 6,000 attendees converge on Houston for the annual Hewlett-Packard user conference, the subject on many minds is the one the company is most loathe to discuss: theÂ shakeup of HP's boardÂ and theÂ prospect of criminal chargesÂ related to a spying scandal. The California Attorney General and a Congressional committee are among the institutions probing HP's possibly illegal methods of investigating news leaks from its board. HP has until Tuesday to respond to an invitation from the Oversight and Investigations Subcommittee of the Energy and Commerce Committee for HP's Chairman Patricia Dunn and General Counsel Ann Baskins to testify at a Sept. 28 hearing in Washington. But at the Technology Forum, a gathering of HP user groups, partners and other vendors, HP is focusing on its business success, which is considerable. With revenue, earnings and stock price all resurgent in the last year, HP CEO Mark Hurd could rightly say, "Pay no attention to that prosecutor behind the curtain," when he delivers a keynote address on Sept. 18. In the quarter ended July 31, HP's earnings-per-share (EPS) topped analysts' estimates at $0.52 on 5 percent revenue growth to $21.9 billion, compared to the year ago quarter. Across many of its business lines, HP, of Palo Alto, California, has gained on rivals, said industry analyst Rob Enderle. HP personal computer sales have grown with its "the computer is personal again" marketing campaign, Enderle noted. IBMÂ sold its personal computer businessÂ to Lenovo Group, in 2005, and Dell has suffered negative publicity from the AugustÂ recall of 4.1 million fire-prone batteriesÂ in Dell laptops. In storage, HP closed the market share gap with EMC in second quarter numbers released Aug. 29 by research firm IDC. With EMC's 20 percent share, based on unit sales, to HP's 19.3 percent, the two are in a "statistical tie" said Brad Nisbet, an analyst with IDC. "HP has been executing well under new management," Nisbet said, referring to Hurd, CEO since March 2005. In servers, HP is a strong second to IBM, according to IDC market share numbers, but has made some errors, said Enderle. It still is using Intel's Itanium processor in its high-end Integrity servers, which rivals aren't embracing. Gartner research shows that 90 percent of the Itanium chips shipped in the first quarter of this year ran on HP servers; neither Dell nor IBM build Itanium computers. Technology Forum organizers get tight-lipped when the conversation shifts to the board scandal. "That's HP's business," said Nina Buik, vice president of Encompass, one of the HP user groups planning the event. "We're not focused on those issues unless it impacts the technology." And as long as the scandal doesn't touch Hurd personally, the customer satisfaction should be unaffected, said Crawford Del Prete, senior vice president of research at IDC. . "I don't think [the scandal] is a drag on the company's success," he said. "I have not found one customer who said 'I'm not going to do business, or I am concerned about doing business, with Hewlett-Packard as a result of this.'" HP Technology forum runs from Sunday to Thursday this week.
552249
Hewlett-Packard Co. HPQ.N   director George Keyworth resigned from the board on Tuesday as   the No. 2 PC maker tries to move beyond a brewing controversy   over its investigation into media leaks.
538757
California's Hewlett-Packard Co. said its chairwoman would step down and be replaced by the chief executive, further fallout from a corporate spying scandal.
712510
PALO ALTO, California  - Hewlett-Packard Co.   Chairman Patricia Dunn resigned as a director on Friday as the   embattled computer maker unveiled new details of the boardroom   leak probe, including the role of chief executive Mark Hurd.
178866
(InfoWorld) - Hewlett-Packard Co. president and chief executive officer Mark Hurd, speaking at a user conference Monday in Houston, told customers the company's goal is to listen to them more and respond to their needs more quickly. In a keynote address at the HP Technology Forum, which made only passing reference to the scandal that has rocked the company for the last two weeks, Hurd said "HP has made a lot of progress, but we've got a lot more to do." HP is on track to record about US$91 billion in revenue and an operating profit of $8 billion to $9 billion in fiscal year 2006, he said. That leaves $83 billion in costs that the Palo Alto, California-based company still needs to scrutinize for efficiencies. HP announced in July 2005 a restructuring that would result in the elimination of 15,300 jobs to save $1.9 billion in operating costs by the end of its fiscal year Oct. 31. Hurd told the Houston audience that while cutting some jobs, it is creating others and reinvesting in other areas to develop new opportunities for growth. "We want to spend money to realign our IT and make those investments so in the long term we save money," he said. Randy Mott, HP's executive vice president and chief information officer, explained the progress of HP's consolidation of 85 of its own data centers into six centers, two each in Austin and Houston, Texas, and Atlanta, Georgia. HP projects that consolidation will save the company about $1 billion in IT costs over the next few years. The company gave some of the 5,000 attendees a tour of one of the Houston centers to see how they might consolidate their own IT infrastructures. Hurd's one applause line in his presentation was his admission that HP needs to be more responsive to customers during the sales cycle: "When we actually show up at the account, we actually get more business than when we don't. We're working on that right now." To be more responsive, HP has cut the length of contract terms and conditions by two-thirds to make them easier to understand, said Ann Livermore, executive vice president of the technology solutions group, in her keynote. That was welcome news to Sam Ayers of the Information Technology User (ITUG) Group, representing users of HP's NonStop server line. Ayers chaired an ITUG Advocacy Committee which pushed for the streamlined contract terms. "It took a long time for that to be decided, but it's here," he said. Ayers is an IT professional with Chase Paymentech Solutions LLC, the largest credit, debit and gift card payment processor in the U.S. Hurd took only a handful of pre-screened questions from the audience and after his speech was quickly escorted out of the convention center and into a waiting Lincoln sport utility vehicle. Aides and security guards prevented a reporter from approaching him with questions about the HP board scandal. State, federal and congressional investigations are probing allegations that HP hired a private investigations firm to find out who was leaking news of HP board deliberations to the media. The private agency allegedly obtained private phone records of directors and reporters under false pretenses to find out who they were calling. Media reports Monday said investigative methods also included physical surveillance of people and an attempt to install surveillance software on a reporter's computer. Hurd made only a brief reference to the scandal in his keynote. When he mentioned that Jack Novia, HP's managing director of the Americas region and senior vice president of the customer solutions group, was throwing out the first ball at a Houston Astros baseball game Tuesday evening, Hurd said: "I asked him not to embarrass the company, given the press coverage we've gotten over the last week."
564153
HP (NYSE:HPQ) (Nasdaq:HPQ) today announced that Mark Hurd, HP chief executive officer and president, will lead a press conference on Friday, Sept. 22, at 1:05 p.m. PT, to discuss the actions HP is taking to address issues regarding the investigation of leaks from its boardroom.
539597
Hewlett-Packard Co. HPQ.N Chief   Executive Mark Hurd will testify to a House subcommittee on the   company's leak probe, HP said on Thursday, hours after the   panel's top Democrat said he should appear at a hearing.
304078
By JORDAN ROBERTSON  SAN JOSE, Calif. - With Hewlett-Packard Co.'s stock tumbling, CEO Mark Hurd continued to face questions about what he knew of HP's efforts to ferret out a boardroom leak.
290302
Hewlett-Packard chief executive officer Mark Hurd blamedÂ the scandalÂ that has besieged his company on "a rogue investigation" that got out of hand, in an advance copy of his Congressional testimony released by a House Subcommittee on Wednesday.
441451
Promises not to do it again HP has settled allegations over its failure to disclose why one of its directors resigned in the midst of last year's boardroom mole fiasco.â¦
239705
By Damon Darlin  Moving to quell its boardroom upheaval, Hewlett-Packard said Tuesday that its chairwoman, Patricia Dunn, would step down in January and would be succeeded by Mark Hurd, the chief executive.
555078
Hewlett-Packard Co. announced this morning that its chairman, Patricia C. Dunn, will step down in January, amid accusations that she enabled or condoned potentially illegal spying on other board members in attempting to root out the source of leaks to the media.
90883
HP board chairwoman agrees to resign    LOS ANGELES, Sept. 12 (Xinhua) -- Hewlett-Packard Co. Chairwoman Patricia Dunn agreed to resign next year in an effort to defuse a widening scandal surrounding the company's use of private investigators to obtain directors' phone records.