HP Hits Oracle With Lawsuit for Hiring Hurd
The tech giant says its secrets could be jeopardized by its former CEO joining a competitor. By David Needle: HP isn’t through with Mark Hurd just yet. The tech industry’s largest player yesterday filed a lawsuit against Oracle, charging that its hiring of former HP CEO Mark Hurd will lead to leaked trade secrets. It’s the […]
In: Business Stories · Tagged with: California Superior Court, Ceo Larry Ellison, Ceo Mark, Civil Complaint, Confidentiality Agreement, David Needle, Drag On, Hp Ceo, Hpq, Larry Ellison, Mark Hurd, Nyse, Oracle Ceo, Orcl, Principal Analyst, Pund, Relevant Experience, Sun Microsystems, Systems Business, Trade Secrets
The 20 Most Outrageous CEO Parachutes
$35 million for bogus expense reports? Mark Hurd’s H-P payoff was just another routine day in the life of corporate America. How his parachute stacks up against 20 all-time malfeasants. Former Hewlett-Packard CEO Mark Hurd may be hurting from the media swirl around his alleged relationship with a contractor and false expense reports, but his wallet will […]
In: Business Stories · Tagged with: Bp Ceo, Bruce Karatz, Ceo Mark, Fannie Mae, Franklin Raines, Henry Mckinnell, Home Depot, Mark Hurd, Merrill Lynch, Michael Eisner, O Neal, Parachutes, Paragons, Robert Nardelli, Routine Day, Severance Package, Total Value, Unitedhealth, Whipping Boy, William Mcguire
HP CEO, Mark Hurd, Resigns
HP CEO Mark Hurd has resigned, leaving CFO Cathie Lesjak to run the company on an “interim basis.” The reason for quitting? He was told to leave by legal counsel due to an investiagtion of sexual harassment against him by an outside contractor. According to the press release, “the investigation determined there was no violation […]
In: Business Stories · Tagged with: 192, Base Salary, Business Conduct, Cash Bonus, Ceo Mark, Doldrums, Effective Leader, Financial Integrity, Hp Ceo, Hp Hp, Instances, Interim Basis, Legal Counsel, Lesjak, Mark Hurd, Painful Decision, Quarter Financials, Sexual Harassment Cases, Sexual Harassment Policy, Wage Freeze
