HP CEO Quits After Sex Harassment Probe

Law360, New York (August 6, 2010, 5:13 PM EDT) -- Hewlett-Packard Co. CEO Mark Hurd resigned Friday after the board of directors investigated a sexual harassment claim against him and found that he had breached the company's code of conduct.

While Hurd did not violate the technology giant's sexual harassment policy, he did run afoul of its standards of business conduct, the company said of its investigation into the complaint, made by a former HP contractor.

“The board investigation found that Mark demonstrated a profound lack of judgment that seriously undermined his credibility and damaged his...
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