The HP Disaster
Hewlett-Packard CEO Mark Hurd and Chairperson Patricia Dunn in their clumsy and illegal handling of boardroom leaks have failed the corporate IQ (and integrity) test. How sad.
We most likely have not heard the reall “good stuff” yet. My prediction: the record will show they sought advice from external counsel. So Larry Sonsini, of Wilson, Sonsini, Goodrich & Rosati may be implicated, although there may be just enough plausible deniability that he can avoid becoming a witness before Congress
It is incredible that the HP board has not terminated Patricia Dunn. And given how this is playing out, they need to start an immediate search for a CEO who understands ethics and the law.