HP recently hired some top notch industrial designers, and their newest computers are built far better than the older ones. The acquisition of WebOS was strategic. HP is poised to take on Android and iOS if they can execute well enough. From what I have seen, HP has been putting all the pieces into place for positioning themselves as the Apple of the PC world, at least in their high end market. They even embarrassed Microsoft by refusing to support the Windows 7 Slate in a consumer device. That's a big risk I was surprised HP took. It sends a message.
I was excited about HP’s future, but now I’m not so sure. HP just lost its Steve Jobs.
Someone else in this thread linked to this awesome NYT article about Hurd: http://www.nytimes.com/2009/04/26/technology/companies/26hp....
It turns out that it was more to do with inappropriate payments to a contractor with whom he had a person relationship. http://www.bloomberg.com/news/2010-08-06/hp-chief-mark-hurd-... The headlines are rather misleading in this respect...I'm not sure whether that tells us more about journalists or the way HP announced his departure.
edit: more comprehensive report w/press release text: http://www.sfgate.com/cgi-bin/blogs/techchron/detail?entry_i...
But regardless of the specifics, your implication that a firm should employ no other criteria than financial ones for employment decisions is odd to me. Private affairs are one thing, but committing a crime or tort on the job is considered unacceptable for most employees. How much incidental misbehavior do you think is excusable by high productivity? Alternatively, how much lawsuit liability should an employee be able to run up on their own account?
- Michael Malone
Mark Hurd did not fit in this mold. Neither did Fiorina.
I chuckle when I see the old tube-type HP gear as movie props. The HP 330 series distortion analyzer has had many appearances including on the wall in the presidents office in Battlestar Galactica. HP and Tektronix certainly have had many years as favorites for much of their test gear. Much older equipment is still in use. It's an eye opener to see the circuit boards with all the traces covered in gold. Not just an edge connector... the entire boards.
Time to dust off my favorite early piece, the HP 300 Harmonic Wave Analyzer...
While his actions do seem inexcusable, it is good to see that he is admitting error. Too often, people refuse to accept any personal errors and prefer to portray themselves as innocent victims. It is good to see that Hurd didn't choose that path.
[edit: note to downvoters and johnknee's question - HP's investigation concluded that there were violations of HP's standards of business conduct and Hurd himself has acknowledged his error. Hurd has also admitted that the inaccurate expense reports were intended to conceal his personal relationship with the female marketing contractor and that this "showed a profound lack of judgment"
If you disagree and if you find no fault with Hurd, I suggest you take it up with HP and with Hurd himself.]
What were his actions? I didn't see anything about what the accusation was.
HP seems to have no luck with CEOs. I wonder if they will use this situation to find someone more familiar with the mobile space.
The CEO of a top 5 IT firm resigns after admitting to inproprietaries and sexual harrasment, dropping almost 10% of the stock price (around 10B of market cap) and the story struggles to make the front page and doesn't attract many comments.
This is really big news, and I am surprised that it isn't being covered more and more in-depth. I think it is fair to say that a large portion of HN readers, and the general tech/startup blogosphere, have no idea how the IT world works, who this guy really was, what his job was etc. If this was Apple, the story wouldn't die for weeks. Enterprise and hardware make up a huge part of IT, it is just covered poorly.
(Edit: there was a lot of hype around wave, granted, I could probably find a better example of less-significant events that attract a lot of attention)
As much as I hate Russia^, this is total BS. I can speak of Moscow, S.Petersburg, Perm, Ryazan. It could be anywhere between 0-60%, but 70-100% simply does not match reality.
^ - I'm allowed to, I live here.
I'm not saying this will happen, it's just that this is an all too common pattern. Nothing in big companies that work like HP gets anywhere without champions ... so see if there are any left.
I think this calls for Vyomesh Joshi to step up. Now that's a guy that works wonders. He's keeping the printing business alive (against all odds) with some serious leadership and innovation.
We don't even know what happened over here, and I think that nobody is in a position to comment on/judge either party involved. It's just too complicated.
On the other hand, the amazing thing is that HP still retains its core values and asked Mr. Hurd to resign even when they had the option of simply burying it. Even though Bill and Dave are long gone the spirit of their institution still survives. Simply Amazing.
[edit: I am pretty sure that a lot of people will find this comment to be offensive, but think about it. Does judging a situation and the people involved as an outsider help anyone? In fact, it just makes it worse.
On a more personal note, I don't want to be a victim of the cards I've been dealt. I would rather learn how to play the hand. I've learnt to see the silver lining, learn and just move on. It makes life easier to deal with. ]
The simple fact of the matter is that HP makes some decent servers and low cost storage that we buy a lot of. Unfortunately in recent years Mark Hurd has cut their support staff so thin, and outsourced most of it to Costa Rica, so that now when you need support on a server you're more likely to get someone speaking english as a second language that knows about enough to order a part # for you and have it shipped so you can replace it yourself.
I guess for these "cost-cutting measures" Mark Hurd should be praised, or at least he has been praised in this business environment. I don't think he has particularly done anything brilliant other than accelerate the globalization and outsourcing of the tech industry as a whole.
The values that circle around not sleeping with your contractors, sure--but don't most companies have those values?
The values that made HP a haven for engineers and a great company in the 20th century, a company people like Woz would have been happy to spend their entire careers working for? It sounds like those days are long past.