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More CEOs resign amid controversy

JMF Law > IL  > Chicago  > More CEOs resign amid controversy

More CEOs resign amid controversy

MARK HURD, EX-CEO OF HEWLETT-PACKARD


In late June 2010, lawyer Gloria Allred, on behalf of former marketing contractor Jodie Fisher, sent a letter accusing Hurd and HP of sexual harassment. A company investigation found no merit to her claims.

Through the course of the investigation, though, HP said it discovered that Hurd had falsified some reports to disguise some expenses he incurred that ranged from $1,000 to $20,000 each for meals and travel with Fisher.

Both Hurd and Fisher said that the relationship was not sexual. Hurd also insisted that the expenses he made were for legitimate business purposes and offered to pay for expenses that were incorrectly filed. Still, Hurd resigned in August 2010, a few weeks after the probe began and settled with Fisher for an undisclosed sum.

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