Hewlett-Packard Chairman and CEO Mark Hurd resigned from the company Friday after HP conducted an investigation into allegations of sexual harassment.
Hurd's resignation marks a stunning end to what had been by most accounts a wildly successful five years at the helm of what is now the largest computer company in the world, measured by total revenues.
The resignation takes effect immediately. He will be replaced by Chief Financial Officer Cathie Lesjak, who will act in an interim capacity.
HP said its board of directors reached a unanimous decision after Hurd was accused of sexual harassment by a former … Read more