HP Brings on Meg Whitman in Board Shakeup

Company tries to forget Mark Hurd fiasco by replacing four directors
By Kevin Spak,  Newser Staff
Posted Jan 21, 2011 8:15 AM CST
Meg Whitman looks to the crowd after she conceded the election to Democrat Jerry Brown at her election night party in Los Angeles, Tuesday, November 2, 2010.   (AP Photo/Spencer Weiner)

(Newser) – In an effort to shake off the Mark Hurd scandal, HP gave its board of directors a big makeover yesterday, removing four directors closely tied to the decision to oust the infamous ex-CEO. In their place, the company added five new directors—including former eBay boss and gubernatorial candidate Meg Whitman, the Wall Street Journal reports.

The Hurd fiasco “took a lot out of this board,” explained Ray Lane, who came on as chairman in November. Though Lane thinks the board made the correct decision in replacing Hurd, “it wasn’t without some pain, so we stepped back and said let’s self-examine the board.” He said the four departing directors had left voluntarily and that he “couldn’t single out someone who should go.” The two directors who oversaw the company’s investigation of Hurd are among those departing.

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