NPR logo

SEC Probes Hurd's Ouster As Hewlett-Packard's CEO

  • Download
  • <iframe src="https://www.npr.org/player/embed/132225100/132225088" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
SEC Probes Hurd's Ouster As Hewlett-Packard's CEO

Business

SEC Probes Hurd's Ouster As Hewlett-Packard's CEO

SEC Probes Hurd's Ouster As Hewlett-Packard's CEO

  • Download
  • <iframe src="https://www.npr.org/player/embed/132225100/132225088" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Government regulators are taking a closer look at the sudden departure of Hewlett Packard CEO Mark Hurd. Last summer, Hurd resigned amid questions surrounding his relationship with a female contractor at HP. Security regulators are investigating a claim that Hurd leaked inside information, according to The Wall Street Journal and other media reports.

STEVE INSKEEP, host:

NPR's business news starts with Hewlett-Packard under scrutiny.

(Soundbite of music)

INSKEEP: Government regulators are taking a closer look at the sudden departure of Hewlett-Packard CEO Mark Hurd. You'll recall that last summer, Hurd resigned amid questions surrounding his relationship with a female contractor at HP. Now, security regulators are investigating a claim that Hurd leaked inside information. That's according to The Wall Street Journal and other media reports.

Investors are also looking into Hurd's use of corporate expenses, another issue linked to his departure. HP's stock price has not yet recovered from its plunge following the resignation.

Copyright © 2010 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.