Mark Hurd Named HP Chairman, In Addition to His Roles as President and CEO

Mark Hurd Named HP Chairman, In Addition to His Roles as President and CEO

HP today announced that Mark Hurd, HP chief executive officer and president, has been appointed to the additional role of chairman, succeeding Patricia Dunn, who is leaving the company’s board, effective immediately. In addition, Richard Hackborn has been named independent lead director of the company, also effective immediately.

These appointments accelerate plans announced last week when Dunn said she would step down as chairman in January 2007 with the intention of continuing to serve as a director. Hurd said, “We have spent the past few weeks getting further clarity as to what happened in the investigation into the disclosure of unauthorized material from the board. While this process is not yet complete, it is clear that inappropriate steps were taken in conducting this work.

“I wish to apologize both personally and on behalf of HP to each of those who were affected. We believe these unacceptable measures were isolated instances that do not reflect the broader behavior and values of HP, its employees or its board. But they cannot occur here again. Our actions today are intended to ensure that they never do.”

Read the complete Press Release