Microsoft Corp.’s board placed Chief Operating Officer Kevin Turner on a three-person list of internal candidates to replace departing Chief Executive Officer Steve Ballmer, said a person with knowledge of the process.
Oracle Corp. shareholders should vote against the company’s independent directors at the annual meeting, Institutional Shareholder Services said, seeking to better align executives’ pay with performance.
Hewlett-Packard Co. ’s Mark Hurd surprised the board by settling a sexual-harassment claim before directors could learn more about the incident, a final breach of trust that contributed to his ouster as chief executive officer, two people familiar with the decision said.
When Dell Inc. President Marius Haas was still a rising executive at Hewlett-Packard Co. in 2005, his new boss Mark Hurd entrusted him with a critical task: unearthing sales weaknesses and inflated costs.
Oracle Corp. Chief Executive Officer Larry Ellison, whose sailing team is trailing Emirates Team New Zealand in the America’s Cup yacht race, is also facing headwinds in cloud-computing and business applications.
Former Hewlett-Packard Co. Chief Executive Officer Mark Hurd tried to persuade Jodie Fisher to have sex and kissed and touched her inappropriately while she was a company events contractor, according to a much-contested letter that was ordered to be released by a court yesterday.
The sudden departure of Hewlett- Packard Co. Chief Executive Officer Mark Hurd leaves the company in search of a successor who can integrate more than $20 billion in acquisitions and maintain sales growth.
Hewlett-Packard Co. asked a Delaware judge to dismiss a shareholder lawsuit seeking documents related to former Chief Executive Officer Mark Hurd ’s departure, saying the request is “overbroad” and fails to set forth a basis to find probable wrongdoing.