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This article was published on October 11, 2010

HP: Our New CEO Is Clean, Hurd Was A Liar


HP: Our New CEO Is Clean, Hurd Was A Liar

HP’s hiring of Léo Apotheker as the replacement to departed CEO Mark Hurd has not been met with a standing ovation, although it must be noted that the criticism of his hiring under its unique circumstances has not been as vigorous as expected.

In a letter to the New York Times, HP’s incoming chairman Ray Lane took a hard line against innuendo that Apotheker had been involved with past misconduct at SAP. The company, looking to clear the air around their new leader said that there was no evidence that Apotheker had behaved unethically.

That is the opposite of what HP had to say about the disgraced (and now co-president of Oracle) Mr. Hurd. Lane stated that he lied multiple times to the HP board as they were conducting an internal investigation into allegations of misconduct that would eventually lead to his exit from the company.

Lane went on to say that “[n]o board can retain a CEO who violates the trust and integrity needed to lead a public company.”

HP is not taking anything sitting down, and is instead opting to meet controversy and complaint head on. For a company that has made so much progress in recent years, they seem determined to not let the wheels fall off due to squabbling and rumors.

Following such a public CEO change under murky circumstances, HP is using sunlight and communication to clear their own decks. Good on them for it.

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