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Hurd Mentality

Tired of the Mark Hurd story yet? (See HP CEO Mark Hurd Resigns.)

4:10 PM -- Since the topic did get some discussion on this site, it seems appropriate to mention the contrarian views that came out this morning.

At Business Insider, the infamous Henry Blodget points out that if it was really about expense reports, HP Inc. (NYSE: HPQ) should have fired Hurd without severance, rather than handing him tens of millions of dollars. He reasons HP was afraid of the negative publicity that a sexual harassment claim, even a false one, would have generated.

His evidence includes this morning's story in The New York Times revealing that a PR advisor convinced HP's board to go public with the harassment story.

And you can read snippets of a letter to the Times where Lawrence Ellison, CEO of Oracle Corp. (Nasdaq: ORCL) apparently a friend of Hurd's, blasts HP for its decision. (Maybe I'm just blind, but I had to go to another paper's site to find the full text of the letter.)

— Craig Matsumoto, West Coast Editor, Light Reading

Pete Baldwin 12/5/2012 | 4:24:37 PM
re: Hurd Mentality

I figured Mark Hurd would land on his feet, but this is awfully quick:


The WSJ reports Hurd is in talks to join Oracle.

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