No Word on Fate of HP's Executive
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By Paul Elias  SAN FRANCISCO  --  Hewlett-Packard Co.'s board adjourned an emergency phone conference Sunday without announcing whether it would oust Chairwoman Patricia Dunn for ordering an investigation that may have used illegal means to spy on colleagues and journalists.
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HP CEO Mark Hurd plans to answer questions from reporters on Friday regarding the ongoing HP controversy involving spying on journalists, board members and employees.
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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¦
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By Michelle Quinn, San Jose Mercury News, Calif.  Sep. 12--Mark Hurd, chief executive of Hewlett-Packard, finds himself perhaps in the most awkward position among all the figures in the HP boardroom spying drama.
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By JORDAN ROBERTSON  SAN JOSE, Calif. - Hewlett-Packard Co. said today that Patricia Dunn will step down as chairwoman of the computer and printer maker in January amid a widening scandal involving a possibly illegal probe into media leaks. She will be succeeded by CEO Mark Hurd.
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(InfoWorld) - Like a good friend who has just gotten out of a terrible relationship, Hewlett-Packard seemed to be on the rebound and all the happier for it in recent months. After the departure of controversial CEO Carly Fiorina, the company has as of late shown newfound confidence and focus under new CEO Mark Hurd. But allâs still not well in the higher echelons of HP, as revealed in a filing the company made to the U.S. Securities and Exchange Commission. The sudden and unexpected resignation of Silicon Valley venture capitalist Thomas Perkins from HPâs board of directors in May turned into a full-blown scandal last week, spawning law enforcement and SEC investigations and a PR nightmare for HP. At the center of the controversy is a legally and ethically questionable internal investigation of leaks of confidential company information to the media dating back to 2005. According to a copy of a letter from Perkins to the HP board explaining his sudden resignation, and republished on thesmokinggun.comâs Web site (a sure sign, if ever there was one, that youâre in the PR doghouse), HP hired outside companies to obtain personal phone records of board members using âpretextingâ (thatâs âsocial engineeringâ to you and me), in which a private investigator impersonated board members to obtain details of private phone company billing statements. In his letter, Perkins says he has proof that his own phone records were âhackedâ in the investigation. Those investigations ultimately fingered George Keyworth, an HP director since 1986, as the source of information about board deliberations and other confidential information, which were leaked to the media without authorization. Keyworth acknowledged he had leaked information at a board meeting on May 18 but refused the boardâs request to step down. Perkins announced his own resignation at that meeting, citing âpersonal frustrationâ with board Chairwoman Patricia Dunn over the handling of the leak investigation. In the meantime, the dispute has spilled over into the public domain. The attorney general of California asked HP to supply information about the leak investigation. The SEC has also been in touch over the 8-K filing HP made when Perkins resigned. HP believes its disclosures in May were âaccurate and complete.â In an Aug. 31 meeting, HPâs board of directors determined that Keyworth shouldnât be nominated for another term on the board.
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TAIPEI, TAIWAN -- More than two years after completing its buyout of rival Compaq Computer Inc., Hewlett-Packard Co. (HP) has not done enough to take full advantage of the acquisition, according to HP's chairman and chief executive officer (CEO).
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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.
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Almost as quickly as Carly Fiorina's tenure as chief executive officer (CEO) and chairman of the board at Hewlett-Packard (HP) came to an end, the speculation began about who may be plucked to replace her. The company announced Wednesday that the board has begun an "immediate" search for a replacement, and although Fiorina was the first CEO in HP's history to be selected from outside of the company, her replacement will probably be the second.
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In a security analysts' conference this morning, Hewlett-Packard CEO Mark Hurd's message did not exactly follow the holiday spirit. Another round of cost-cutting at what can now be called the world's #1 PC manufacturer will be under way. During the first stage, which began in July 2005, the company let go of 15,300 employees; thus far, layoffs have not been mentioned for the next round, though it's not unlikely.
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California Attorney General Bill   Lockyer said on Friday he does not yet have evidence linking   Hewlett-Packard Co. HPQ.N Chief Executive Mark Hurd to crime   in the state's investigation of the computer maker.
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HP CEO Mark Hurd is scheduled to speak at the company's large user and partner event, the HP Technology Forum, Sept. 17 as the company confronts a scandal over boardroom press leaks.
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Several key executives in that group were fired during the quarter following a botched order-processing system migration. HP CEO Carly Fiorina said the problems with the system have been resolved.
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By Pete Carey, San Jose Mercury News, Calif.  Sep. 18--Hewlett-Packard faces a deadline today to provide Congress with  documents about its boardroom-leak probe, which is under criminal  investigation by the California attorney general.
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California Attorney General Bill Lockyer at this point does not have any evidence to charge HP CEO and President Mark Hurd with a criminal offense in the ongoing investigation into HP's efforts to stop boardroom leaks.
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Like a good friend who has just gotten out of a terrible relationship, Hewlett-Packard seemed to be on the rebound and all the happier for it in recent months. After the departure of controversial CEO Carly Fiorina, the company has as of late shown newfound confidence and focus under new CEO Mark Hurd. But allâs still not well in the higher echelons of HP, as revealed in a filing the company made to the U.S. Securities and Exchange Commission.
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(InfoWorld) - Although Hewlett-Packard's spying scandal has led to the resignation of four high-ranking officials and evoked comparisons in Congress to Watergate and fraud at Enron, it isn't likely to impede the company's long-term ability to compete, analysts and investors said. So far, these groups said, there has been scant evidence linking Mark Hurd to the legally questionable practice of pretexting, in which investigators probing news leaks impersonated board members and journalists in order to obtain their phone records. So long as Hurd is not shown to have approved or participated in those activities, HP is likely to emerge with its viability intact. "The problem has obviously been recognized and is being rectified, and with time the business will build back to normal," said Alex Vallecillo, a portfolio manager who follows technology stocks at Allegiant Asset Management. "We're all big boys and girls, and we understand what goes on in the corporate boardroom has no effect on the ability of [HP's] products and services to deliver value." Indeed, HP's shares gained 1.6 percent on Thursday, the same day Patricia Dunn, who was forced to resign as the company's chairman last week, was grilled before a hearing convened by the House Energy and Commerce Committee. Ten people involved with the investigation asserted their Fifth Amendment rights in declining to answer representatives' questions. Since Sept. 5, the day before the news of the scandal broke, HP shares have fallen 1.1 percent, compared with a 2.9 percent gain for the Nasdaq composite index and a 2.1 percent gain for the Dow Jones Industrial Average. Although the negative attention has been a distraction for HP, "that's a very short-term situation, which I expect to pass soon," said Sunil Reddy, senior portfolio manager at Fifth Third Asset Management. "All the cards are on the table right now; I'd be very surprised if anything new comes out." Analyst Rob Enderle of the Enderle Group, attending an event in New York where HP was showing off new PCs ahead of the Christmas shopping season, agreed. The corporate buyers he's talked to aren't likely to choose HP competitors as a result of the scandal, and he said he expected non-business customers to feel the same way. "It relates to behavior of folks the average consumer doesn't relate with and probably doesn't understand." That said, HP's investigative techniques have become the butt of plenty of jokes, Enderle said, in which business customers tell HP sales staff: "We're probably going to send this out to bid, but you probably already know that because you've been looking at my phone records."