Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP’s directors…
Late Tuesday, PC maker Hewlett-Packard forecast a healthy growth in earnings and sales for fiscal 2011, as the company expands into consulting and computer security services. But the company remained mum on who will fill its CE…
Big Blue isn’t bullish on Hewlett-Packard. IBM CEO Samuel J. Palmisano launched a verbal barrage Tuesday at its Silicon Valley rival, criticizing HP’s expensive 3PAR purchase, its handling of the ouster of scandal-tarnished CEO…
Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle. It’s a big drop from his HP compensation.
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Hewlett-Packard (HPQ) is suing its former chief executive, Mark Hurd, after news that he will be taking the post of co-president at competitor Oracle (ORCL). HP alleges that Hurd could end up violating confidentiality agreement…