HP director says CEO has full support of board
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A Hewlett-Packard Co. HPQ.N   director said on Wednesday Chief Executive Mark Hurd has the   full support of the board and that there have been no   discussions whether Hurd might resign amid the controversy over   the company's investigation into boardroom leaks.
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JUST IN At a press conference in Palo Alto, Calif. Friday, Hewlett-Packard CEO Mark Hurd addressed the issues surrounding the investigation into a boardroom leak, saying former chairwoman Patricia Dunn is fully resigning her post from the board. More coverage of this latest development coming shortly.
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By Duncan Martell SAN FRANCISCO  - The board of Hewlett-Packard Co.  discussed breaking up the No. 2 computer maker three times in the past, yet each time decided to keep it intact, Chief Executive Carly Fiorina said on Tuesday, defending her strategy for the company.
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A Hewlett-Packard Co.  director said on Wednesday Chief Executive Mark Hurd has the full support of the board and that there have been no discussions whether Hurd might resign amid the controversy over the company's investigation into boardroom leaks.
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By MICHAEL LIEDTKE, THE ASSOCIATED PRESS  SAN FRANCISCO  Hewlett-Packard Co. Chairwoman Patricia Dunn said Friday that several of her fellow board members want her to remain on the job despite a criminal investigation into her efforts to plug a media leak.
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By Ville Heiskanen  Hewlett-Packard, the world's biggest maker of personal computers, said Monday that it had promoted its treasurer, Cathie Lesjak, to chief financial officer. She will succeed Bob Wayman, who will step down at the end of the year.  Lesjak has been treasurer since 2003.
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The PC maker's founder shows commitment to the company he built.
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Disclosures by Hewlett-Packard Co. chief executive Mark V. Hurd that he failed to read a report addressed to him about the company's spying investigation are prompting governance experts to ask why the company board yesterday handed Hurd more responsibility.
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(InfoWorld) - Embattled Hewlett-Packard chairman Patricia Dunn told an appreciative audience in San Francisco Wednesday night that she looks forward to the opportunity to "set the record straight" regarding allegations that she oversaw anÂ internal investigation of the companyÂ which may have broken the law. Dunn made the remarks during a previously scheduled event where she was inducted into the Hall of Fame of a group of San Francisco Bay Area government and business leaders. An audience of about 800 people at The Westin St. Francis hotel on San Francisco's famed Union Square, gave Dunn a standing ovation. "All I will say about the maelstrom ofÂ  recent unwelcome attention is that I look forward eagerly to the time in the near future when I will be permitted to set the record straight," she said. Dunn was honored by the Bay Area Council for her success in business and her philanthropic work. Besides being chairman of HP, she was vice chairman of Barclay's Global Investors. Dunn also is on the board of a nonprofit program helping troubled youth in San Francisco and a program for providing health care to the poor in Oakland, California. The audience was largely supportive. "I think she was courageous" to appear, said Lynette Busby after the speech while her husband, James, added, "she hasn't been convicted of anything and in America that's important. She is a very forthright person." But there was some criticism. "I think it's unbelievably arrogant of [the council] to select her when she is under anÂ egregious cloud of suspicion," said one local attorney who declined to be identified. Even though she was chosen for the Hall of Fame before the scandal broke, the honor should have been withdrawn, he said. She and others involved are accused of "doing things that are contrary to the best values of America." Dunn also tried to make light of her situation. While she said she wanted to set the record straight, she added, "and in the meantime it wouldn't hurt if the pope would continue to make controversy." Dunn is one of several people who have agreed to appear at aÂ Sept. 28 hearingÂ of a House Subcommittee probing allegations that HP hired private investigators to determine which of its board members were leaking news of board deliberations to the media. The investigators allegedlyÂ obtained private phone recordsÂ of board members, some HP employees, and reporters under false pretenses to determine the source of the leak, a tactic called pretexting. The House Energy and Commerce Committee is considering federal legislation to outlaw pretexting. California Attorney General Bill Lockyer is investigating the possibility ofÂ filing state chargesÂ against people implicated in the scandal. Dunn was forced to announce Sept. 12 that she will resign in January from the chairmanship of the HP board, although she will remain a director, amid news reports about her role in ordering an investigation of the board media leaks. She has stated she did not know outside investigators were using pretexting and that she kept a distance from the investigation, but a Wall Street Journal article Wednesday, based on an internal HP report, indicated she may have been more involved in the probe than she indicated earlier.
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(InfoWorld) - In an advance copy of his Congressional testimony released by a House Subcommittee on Wednesday, Hewlett-Packard chief executive officer (CEO) Mark Hurd blamed the scandal that has besieged his company on "a rogue investigation" that got out of hand. "How did such an abuse of privacy occur in a company renowned for its privacy? The end came to justify the means," Hurd wrote. "The investigation team became so focused on finding the source of the leaks that they lost sight of the privacy of reporters and others. They lost sight of the values HP has always represented." Former HP Chairman Patricia Dunn , forced to resign Sept. 21 because ofÂ the scandal,Â defended in her testimony her decision to investigate the leaks of confidential board discussions to the news media. Both are among several witnesses expected at a hearing before the Oversight and Investigations Subcommittee of the House Energy and Commerce Committee on Thursday in Washington. The committee is looking into the practice of "pretexting," or using false pretenses to gain access to confidential records. Investigators hired by HP to find the source of leaks engaged in pretexting to get hold of the phone records of directors, HP employees and reporters who cover the Palo Alto, California, technology company. Although much of the criticism of the scandal surrounds the tactics used by the investigators, Dunn wrote in her testimony that equal consideration should be given to the leaks from within the company that damaged HP. HP's board was notorious for its leaks to news media and that such disclosures made it difficult for the board to deal with important issues candidly, she wrote. "I wish fervently that none of this had ever happened," Dunn wrote in her testimony. "But boards have an unquestionable obligation to take steps to prevent [leaks]. That certain steps taken during the investigation went well beyond what was appropriate does not undermine the importance of the board's mission in this matter."ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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(InfoWorld) - Hewlett-Packard board members and journalists were under physical surveillance by investigators trying to find out who was providing information to reporters, and private investigators tried to put tracking software on a journalist's computer to keep tabs on e-mail, according to a New York Times report. Patricia Dunn, HP's chairman, the company's general counsel and a staff attorney oversaw the internalÂ investigation of news leaks, the Times reported, citing anonymous sources who have been briefed on HP's findings so far regarding the secret investigation. It isn't clear how much involvement in the investigation there was by Dunn and others at HP, the Times reported Monday. HP announced last week that Dunn willÂ step aside as chairmanÂ in January, although she will remain as a director. Two others also have resigned from the board in the wake of the scandal. Over the weekend, HP identified Michael Moeller, director of corporate media relations, as one of two HP employees who was targeted in the internal investigation. "Investigators' suspicions were misdirected and unfounded," Robert Sherbin, HP's vice president for external communications was quoted as telling the Times on Sunday. The internal investigation reportedly was conducted in two stages, with the first from January 2005 to August of that year, which came up with nothing to go on, and then a second phase beginning in January 2006 after the technology news site of CNET NetworksÂ posted an article about an HP senior management meeting held that month. The board first clamored for an investigation into leaks of information to journalists in January 2005 following an article in The Wall Street Journal that spoke of board discussions regarding management reorganization and changes in the responsibilities to be handled by Carly Fiorina, who was then chief executive officer and chairman. She was ousted by the board in February 2005. Within days of that board action, The New York Times published a detailed account of a directors' meeting that was crucial to her ouster. Reporters from the Times, the Journal, CNET and Business Week have been informed by the California attorney general's office that HP investigated them. California and federal authorities are investigating HP's conduct and the California attorney general has said that charges are likely. HP has admitted that its the private investigative firm it hired used "pretexting," with investigators pretending to be journalists in order to obtain their personal telephone records. Even after a summary of the internal investigation was presented to leaders at HP, in Palo Alto, California, those in charge were unaware that possibly illegal methods had been used to obtain information, the Times reported. In May, the investigation's findings were relayed to the board of directors, including the allegation that its longest-running member, George Keyworth, was the source of the leaks to journalists. He refused to resign, but Vice Chairman Thomas Perkins, an influential and important Silicon Valley venture capitalist, was incensed over the probe and quit the board. He then turned his attention to pressuring Dunn to resign. His surprising departure was announced in a mildly worded HP statement that offered no clue as to the fractious nature of what had transpired, details of which began to emerge in news accounts earlier this month.
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By Pete Carey, San Jose Mercury News, Calif.  Sep. 22--Hewlett-Packard Chief Executive Mark Hurd said today the  company's chairwoman, Patricia Dunn, has resigned from the board of directors  effective immediately.
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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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Hewlett-Packard Chairman and CEO Carly Fiorina said Tuesday that the company is finally where it wants to be in terms of its organizational model.
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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.
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Hewlett-Packard CEO Mark Hurd announced Friday that Chairman Patricia Dunn has resigned from HP's board because of the fallout from the company's probe of leaks to the media. But Hurd also confirmed that he approved a misinformation campaign as part of the probe.
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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.