Welcome to Another Episode of HP's 'As the Boardroom Turns'
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By Frank Michael Russell, San Jose Mercury News, Calif.  Sep. 10--Here's a quick rundown of news you may have missed last week, culled from reports by our staff and wire services.
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Hewlett-Packard Co  said its  board of directors met for several hours on Sunday morning and  has agreed to reconvene late Monday afternoon as criticism  continues to mount over a controversial board investigation  into leaks to the media.
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A battle on Hewlett-PackardÂs board is the latest episode in a soap opera that began with the C.E.O.Âs ouster in 2005.
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HP exec Mark Hurd reaches out to employees as the company decides how to react to this week's boardroom pretexting scandal.
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A new face in the boardroom heralds change for the troubled company.
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By Clint Swett, The Sacramento Bee, Calif.  Sep. 15--The most high-profile casualties of the boardroom spying scandal  at Hewlett-Packard Co. are the two directors who resigned their posts on  Tuesday.
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The U.S. House of Representatives Subcommittee looking into theÂ Hewlett-Packard Co. boardroom spying scandalÂ has added a second day of hearings and issued subpoenas for some witnesses.
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A larger dividend, more stock buybacks, and a new CEO -- oh my!
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By Stephen Foley in New York  Hewlett-Packard, the computer manufacturer at the centre of a corporate spying scandal, is bracing itself for still more episodes of the extraordinary soap opera that has captivated Silicon Valley and threatens to tear the company's board apart.
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HP (NYSE:HPQ)(Nasdaq:HPQ) today announced that Mark Hurd, HP chief executive officer and president, has been appointed to the additional role of chairman, succeeding Patricia Dunn, who is leaving the company's board, effective immediately.
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(InfoWorld) - Hewlett-Packard Co.'s board of directors has leapt out of the mainstream with the recently disclosed scandal that's set members against each other, but changes over the past several years have made conflict on boards more likely. Boards have evolved from clubby groups of company executives and tight partners to more independent bodies, management experts said Friday. HP's messy fight, in which investigators hired by the board used possibly illegal techniques to uncover apparent leaks of confidential information by some directors, is a spectacle unto itself, they said. But directors are now more likely to call companies to account. "Boards have changed very dramatically in the last 20 years, and especially in the last 4 years," said Nell Minow, editor at The Corporate Library, a research company in Portland, Maine, that specializes in corporate governance. "There isn't a board in America that isn't much more active, much more vital, much more independent." Many boards used to be heavily laden with investment bankers and lawyers who worked for the company, and often had four or five company executives, said Harvard Business School professor Joseph Bower. That hasn't been true since at least the 1980s, as the percentage of independent members grew, he said. "I think boards are much more diligent ... than they were 15 to 20 years ago," said David Larcker, a professor at Stanford University's Graduate School of Business. "In the process, there are controversies that didn't crop up back then." The probe of HP's board, though embarrassing, was probably necessary, The Corporate Library's Minow said. "They have not been a functional board," Minow said, criticizing the handling of former Chairman, President and Chief Executive Officer Carly Fiorina's hiring and dismissal. Some of the leaks from the HP board involved discussions about Fiorina. It's hard for boards to work if there are leaks and directors don't trust each other, Minow said. Yet to find out who was leaking information, they unfortunately had to give the investigators a lot of independence. "I think they made the best of a very bad situation." The trend toward truly independent boards has accelerated with recent scandals and stepped-up regulation, Minow said. A key factor was out-of-court settlements of suits against Enron and WorldCom in recent years, in which directors who weren't involved in wrongdoing accepted some liability. "Those settlements shivered the timbers of every director in America," Minow said. Also in the past few years, companies that sell "director and officer" liability insurance have raised premiums on companies they thought didn't have enough oversight to prevent Enron-style legal meltdowns. In addition, the Sarbanes-Oxley regulations made boards more diligent by forcing companies to ensure proper oversight of accounting, cybersecurity and other issues, she said. However read, a drama like HP's is not unprecedented, according to Harvard's Bower. About 20 years ago, there was a succession battle at American Express that included leaks to the media, he said. He sees the latest board fight as another aberrant event rather than an outcome of boards becoming more independent. "Every once in a while, there are battles and people disagree strongly. And when people disagree strongly, sometimes they do silly things," Bower said.
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Buggin' hell And the hits just keep on coming. The latest embarrassments for HP include claims of bugging its own chief executive, attempting to install a trojan on a reporter's computer, and the forthcoming spectacle of their ousted chairwoman hauled before a congressional committee.â¦
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(110 sec.) An update on the major players in the Hewlett-Packard spying scandal.
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Shares in Hewlett Packard fall  5% as the scandal over its inquiry into boardroom leaks continues.
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This week's HP World is over, and users at the event had a lot of things on their minds.
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As scandal over HP methods mushrooms, House plans investigatory hearings; company reps will likely be called to testify.
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Hewlett-Packard Co.&#39;s board considered on three occasions whether to break up the company, but each time directors unanimously concluded it would