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New H-P CEO to Get $15 Million

H-P's new CEO Leo Apotheker will get nearly $15 million in bonuses and initial stock awards for taking over the technology giant. His annual salary will be $1.2 million.

 

HP board's selection of new CEO raises new doubts

HP board's selection of new CEO raises new doubts

Hewlett-Packard Co.'s board upset many investors when it forced out Mark Hurd as CEO nearly two months ago. Now, those directors appear to have baffled Wall Street with its selection of HP's new leader - Leo Apotheker, who lost his job running German business software maker SAP earlier this year after he didn't live up to expectations.

 

Oracle plans to give Hurd $950,000 annual salary

Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.

 

HP sues ex-CEO Hurd for taking Oracle job

HP sues ex-CEO Hurd for taking Oracle job

Hewlett-Packard is filing a lawsuit against former CEO Mark Hurd to prevent him from joining rival Oracle.

Senh: Aparrently, Mark Hurd did a great a great job at HP, except for the sexual harassment lawsuit. A company's loss is another's gain. Oracle didn't take long to snap him up. I guess it's morally passable since the sexual harassment lawsuit was settled, and the "victim" had some nice things to say about him.

 

Oracle offered job to ex-HP CEO Hurd: source

Oracle offered job to ex-HP CEO Hurd: source

Oracle Corp has offered a job to Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation.

 

H.P. Wins 3Par as Bidding War Ends

H.P. Wins 3Par as Bidding War Ends

Dell on Thursday withdrew from the bidding for 3Par, which agreed to be acquired by Hewlett-Packard for $33 per share.

 

HP makes $1.5-billion bid for 3Par, topping Dell's offer

HP makes $1.5-billion bid for 3Par, topping Dell's offer

Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier.

 

New details on HP upheaval as CEO looks ahead

Former Hewlett Packard Co contractor Jodie Fisher alleged that she lost work from the company because she did not have sex with ex-CEO Mark Hurd, a source with knowledge of the matter told Reuters on Tuesday.

 

Accuser of ex-HP CEO Hurd steps forward

Accuser of ex-HP CEO Hurd steps forward

The female contractor whose sexual harassment accusation against Mark Hurd led to his ouster as chief executive of Hewlett-Packard came forward on Sunday, saying she never intended for Hurd to lose his job.

 

Sources: Ex-HP CEO Hurd settles with contractor

Hewlett-Packard Co.'s former Chief Executive Officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.

Senh: Reading the article, if Mark Hurd didn't resign, it would seemed like a trivia matter. The discrepancy in expenses only amounted to about $20,000. Hurd's camp also has innocent explanations for everything suspicious involving him and his accuser. That's what happens when a case is settled; the two sides make it seemed like nothing had happened. Obviously, the two had sexual relations. If not, he wouldn't have abruptly resigned. Hurd is married with two kids; he's gonna need this time off to repair his marriage.

 

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