HP CEO Mark Hurd resigns over case of sexual aggravation

August 7, 2010 Kumar Business, Featured, 0

Well in the corporate world the things really happens, like abusing someone or firing someone from his/her post. But, this is something really strange that happened with HP CEO. HP CEO Mark Hurd just resigned from his post over a sexual harassment investigation. The board of Directors decided that the ex-CEO should resign from his post after a former marketing contractor made a sexual harassment claim against Hurd.

As per the company while there was no violation of its sexual harassment rule, Hurd had submitted inexact outlay reports that hidden his relationship with the contractor, which is a violation of the company’s standards of business conduct. During the question-answer round the company clearly stated that there is a search committee is in the process of finding a new CEO, but they are not identifying any candidates right now.

It seems that Palm’s Jon Rubinstein has high chances of getting the post of CEO of HP. However, Hurd never showed interests in Palm and its smartphone business, and there’s an opportunity to get a new HP CEO that will focus more on webOS software and hardware. Lets see what the company has decided to come-up.