Blog

After taking over as CEO in 2005, Mark Hurd revived HP, turning around its performance, making strategic acquisitions and trimming the workforce. When other technology companies and the stock market faltered in recent years, HP’s performance kept rocketing upward.

Late Friday, we read the shocking news announcing Hurd’s immediate resignation from HP as the result of a sexual harassment investigation.

While Jodie Fisher, a former HP contract worker, has charged Hurd with harassment, reports seemed to indicate that Hurd did not have an affair or sexual relationship with her. Instead, HP reported that he covered up his activities with the claimant by filing inaccurate expense reports, and may have authorized payment to her for business services she did not perform.

For Mr. Hurd, with a solid business reputation as a buttoned-up, cost-conscious and results-focused leader, this is a tragic plunge in professional fortunes and an irrevocable blot on his career. His name is now linked with the scandalous circumstances that caused him to leave HP. He will be the ridiculed on late-night television, and more facts may surface in the mainstream and tabloid media. In ways we can’t yet anticipate, it will also affect HP’s direction as it unexpectedly begins searching for a new CEO.

The blatant cases of harassment and discrimination are gone, people keep telling us.