Just six months after the departure of the company's chief executive, Mark V. Hurd, Hewlett-Packard has had another shakeup: Four board members are leaving.
Hurd was ousted after an investigation into sexual-harassment charges. He was eventually cleared of the harassment allegations, but an investigation did uncover discrepancies in Hurd's expense reports, which was considered a breach of the company's code of conduct. HP's board was criticized for their handling of Hurd's case, and members Joel Z. Hyatt, John R. Joyce, Robert L. Ryan, and Lucille S. Salhany have now left. The new board members are Shumeet Banerji, chief executive of Booz & Company; Gary M. Reiner, the former chief information officer of General Electric; Patricia F. Russo, former chief executive of Alcatel-Lucent; Dominique Senequier, chief executive of AXA Private Equity; and Meg Whitman, eBay’s former chief executive.
According to HP chairman Raymond J. Lane, the changes are meant to diversify the board. “Each is a widely respected and deeply experienced business leader, and together they will provide our board and management team with new insight and perspectives relating to HP’s business and the rapidly changing technology industry," said Lane.