Posted on 08/06/2010 3:03:46 PM PDT by ken in texas
Excerpt:
Hewlett-Packard Co. Chairman and Chief Executive Mark Hurd has resigned in the wake of a sexual-harassment investigation.
(Excerpt) Read more at online.wsj.com ...
...............under Hurd.. I was layed off after 29 years 9 months - 87 days away from full retirement.. ..........
You must be a male! If you were an aging female you would have been bridged to full retirement, or you could have sued!
In fact, even an aging male has a small chance of restitution, if you can pay for a sleazy lawyer for age discrimination. Most lawyers aren’t interested in spending time on you, because you are not a woman or black.
In a sane world you would have gotten a generous early retirement package and a well deserved retirement party.
I know Mark Hurd. Used to work with him at NCR years ago.
I hope the offending parties have become aware that you know where they live.
Maybe they all did and the thrill is gone compared to getting it on the side for free from an underling. Clearly at $33M/yr he could have afforded escorts at multiple times the level of an Eliot Spitzer.
Kidding aside, HP went whole hog for gender political correctness in the early '90s by agressively promoting women employees to increasingly higher management roles, perhaps regardless of whether it made any sense or not... culminating in the hiring of Carly Fiorina from outside the company as CEO in 1999 (IIRC). At about the same time, HP went in whole hog for both outsourcing and hiring contract temps. All of this contributed to the decline of the practice of the HP Way as traditionally envisioned by the founders.
So in a sense, Hurd was ultimately hoisted by his own petard (or at least the petard he chose to support-- he too is an import, from NCR in 2001).
According to wikipedia, Hurd is a graduate of Baylor University, which is deep in bible belt Texas near Waco (current president: Ken Starr). I think one can almost bet that he is bracing for a big spanking by his social group.
From the bio that disappeared from the HP website:
Mark Hurd joined HP in early 2005 as chief executive officer and president and was named chairman of the board of directors in September 2006.
With the goal of establishing HP as the world’s leading technology company, Hurd has sharpened HP’s strategic focus and concentrated its investments on three long-term growth opportunities: next-generation enterprise data center architecture and services; technologies for always connected, always personal mobile experiences; and a broad transition from analog to digital imaging and printing across the consumer, commercial and industrial markets.
At the same time, Hurd has improved HP’s operating efficiency and execution as well as its financial performance and customer focus. The result has been increasing growth and profitability, greater value for shareholders and customers, and a stronger competitive position in global IT markets. Between the company’s 2004 and 2009 fiscal years, HP grew revenue from $80 billion to $114.6 billion and more than doubled its earnings per share.
Prior to joining HP, Hurd spent 25 years at NCR Corp., where he held a variety of management, operations, and sales and marketing roles. He was named chief operating officer in 2002 and chief executive officer in 2003. Under his leadership, NCR reignited growth in its core businesses and improved from a net loss of $2.25 per share in 2002 to net income of $3.03 in 2004.
Hurd is additionally a member of the News Corp. board of directors.
He earned a bachelor’s degree in business administration in 1979 from Baylor University.
The 41c was great. I also had a 48c and a 28c, which was one of the first graphing calculators.
My main computer now is an Elitebook 8540 with a core i7. The keyboard and rugged feel of the machine reminds me of what I liked about HP calculators in the 80s.
What sort of business do you have?
Mr. Hurd must be very smart.
Smart enough to have skipped first grade!
In first grade, they teach that boys have to learn to keep their pee-pee’s in their pants.
He missed that lesson!
Been there and done that. After 29 and a half years at a company that HP purchased, I was deemed to be “redundant” (As my friends in Australia call it.) With a new company taking over, the handwriting was on the wall, but it still came as an unpleasant surprise.
I’d Hurd this was going to happen.
What’s up — it took 29 posts for that one?
I did get the golden handshake.. And, when it was given, I was warned being indiscreet.. that they’d take it back...
You got it, white, male, and over 50..
I know the situation well.
But can he still run for governor?
I had a friend who became a manager a HP. It wasn’t six months till he was told to pick someone to lay off. It was probably worse on him than the guy he laid off. The guy had been making plans to leave for a few years unbeknown to the manager at the time. I think the person who decides someone should go must met the people face to face. He only had around 27 years.
What kind of retirement program were you in? The time frame begs for more detail.
“Hmmm. Getting paid while screwing the CEO. I think they have a name for that... “
Career development for affirmative action people.
Is he guilty???
Like he had a choice.
Best wishes.
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