HP CEO Hurd to Take Over for Chairwoman Dunn in Jan.


Tue, September 12, 2006

CIO

Hewlett-Packard (HP), the computer giant, on Tuesday said Chairwoman Patricia Dunn will step down from her post in January due to increasing scrutiny in relation to the widening company scandal over potential illegal investigations into media leaks, the Associated Press reports via the Plainview Daily Herald.

HP Chief Executive Officer Mark Hurd will take over as chairman after Dunn steps down, and he’ll hold onto his current titles of CEO and president, according to the AP.

Dunn will stay on as a director of the Palo Alto, Calif.-based firm, the AP reports.

The mounting pressure on Dunn reached a peak on Monday as Congress and federal investigators stepped into the probe of HP’s alleged acquisition of reporters’ phone numbers to determine the sources of information contained in media reports about the company, according to the AP.

Currently, the FBI, the U.S. attorney for Northern California and a House committee are all looking into the allegations against HP’s board of directors, the AP reports.

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