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November 7, 2010

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Accuser of HP Hurd claimed inside info

A person familiar with the ouster of Hewlett-Packard's former CEO Mark Hurd said that the woman who accused Hurd of sexual harassment also claimed that he told her about a major acquisition HP was about to make.

The person requested anonymity because of not being authorized to discuss the allegations.

The person said the deal in question was HP's US$13.9 billion acquisition of Electronic Data Systems in 2008.

Hurd's accuser, HP contractor Jodie Fisher, later appeared to recant her claim of disclosing information in a letter she sent Hurd when she and Hurd settled the matter for an undisclosed amount.

HP has never publicly mentioned the allegation of disclosing the information against Hurd.

The company, which is the world's biggest maker of personal computers and printers, said its board forced Hurd out over inaccurate expense reports connected to Hurd's dinners with Fisher.

Hurd maintains that he never prepared his own expense reports and didn't intentionally try to keep Fisher's name off any reports. HP's board said it didn't find evidence of sexual harassment.

Fisher's allegations led to Hurd's resignation in August. HP's board found no evidence of sexual harassment but wanted to disclose the allegations.

Hurd and Fisher both say they didn't have a sexual relationship.

Hurd's resignation stunned investors, who were largely pleased with Hurd's five-year stewardship of HP. He is now a co-president at business software maker Oracle Corp, which is run by his friend Larry Ellison.





 

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