HP's Hurd in Awkward Position
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SAN JOSE, Calif. _ 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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The effort to dominate their way into a de facto standard isn't sitting well with rivals HP and Dell.
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Mark V. Hurd has transformed Hewlett-Packard into a growth company, but the success is being overshadowed by the companyÂs leak scandal.
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CHICAGO -- This cannot be an easy time for Ann Livermore. When Hewlett-Packard Co. (HP) missed Wall Street&#39;s earnings expectations late last week, the blame was placed squarely on the shoulders of ...
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Sun execs say they're telling it like it is: HP's Unix offering is on its last legs. HP says they're flat-out wrong.
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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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Mike McGuire, an analyst with Gartner G2, said HP&#39;s moves are born both out of innovation and market necessity, and that the company still faces stiff competition from the likes of consumer electronics giant Sony.
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Hewlett-Packard Co. HPQ.N will be  under pressure to sell its personal computer business after  IBM's decision to sell its PC operations to China's top PC  manufacturer, but analysts said the No. 2 computer maker would  hold on to its $25 billion PC division for now.
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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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MOP to the rescue HP has located a few friends, including Intel and AMD, to help it deal with the multi-core processor morass.â¦
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By MATT SLAGLE   Associated Press writer  HOUSTON -- Hewlett-Packard Co.
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A photo featuring Mark Hurd, HP chairman, chief executive officer and president, as he updates media today on the actions HP (NYSE:HPQ)(Nasdaq:HPQ) is taking to address issues regarding the investigation of leaks from HP's boardroom, is available on Business Wire's web site and AP PhotoExpress.
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Hurd knows best HP's CEO Mark Hurd plans to stick with what he knows best: cost cutting.â¦
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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.
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HP was blasted by legislators last week, but corporate customers say the scandal is a minor distraction, and they&#8217;re still backing CEO Mark Hurd.
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(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."
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By MICHAEL LIEDTKE   Associated Press writer  SAN FRANCISCO -- Battling to keep her job, Hewlett-Packard Co.