More On

Judge tosses HP shareholder suit over ex-CEO’s payout

Court rules that board acted in good faith in approving Mark Hurd’s severance package

Hewlett-Packard Co. (HP) can finally breathe a little easier nearly two years after it suffered a major C-suite scandal.

In August 2010, Mark Hurd, who currently is president at Oracle Corp., resigned from his position as CEO of HP amid allegations that he sexually harassed Jodie Fisher, an HP marketing consultant and former reality TV star. Although HP determined that Hurd didn’t violate its corporate sexual harassment policy, the company did find that he had falsified expense reports amounting to nearly $20,000 in an attempt to hide his relationship with Fisher.

Ashley Post

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.