Hp Ceo Mark Hurd Resigns : Cathie Lesjak Replaces Mark Hurd
Hp Ceo Mark Hurd Resigns : Cathie Lesjak Replaces Mark Hurd – U.S. computer giant Hewlett-Packard (HP) announced Friday, August 6 that its CEO, Mark Hurd, was resigning after being accused of sexual harassment by an employee and was immediately replaced by Cathie Lesjak who has worked for the enterprise for 24 years.
Hurd decided to quit in the wake of a sexual harassment complaint filed against him by a former subcontractor of the computer firm.
The California company said that Mr. Hurd had decided to leave after an investigation revealed that he had falsified expense reports and other financial documents to hide the affair.
According to reports Hurd will be getting between $40 and $50 million for his prompt resignation.
Gloria Allred, the lawyer representing the woman who filed the suite against Hurd, said in a statement: “We want to make clear that there was no affair and no intimate sexual relationship between our client and Mr. Hurd.”