HP CHAIRWOMAN RESIGNS !

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Date: Monday September 25, 2006 11:31:00 am
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    Hewlett-Packard Chairwoman Resigns, CEO Says
    Dunn’s Departure Is Effective Immediately
    PALO
    ALTO, Calif. (Sept.06) – Hewlett-Packard Co. shoved Chairwoman Patricia
    Dunn off its board Friday, severing its ties to a leader whose efforts
    to plug a media leak morphed into a spying scandal that has spawned
    criminal and congressional investigations.The Palo Alto, Calif.-based
    company will turn the chairmanship over to its chief executive, Mark
    Hurd, who was supposed to take over that job in January as part of
    changes announced two weeks ago.But things have changed since then amid
    a wave of leaked documents revealing how deeply HP’s investigators
    intruded into the personal lives of seven directors, nine journalists,
    two employees and family members of those targeted individuals. Dunn
    authorized the investigation and received regular updates, although she
    said she didn’t realize HP’s investigators were going to such
    extremes.”Now that we know the depth of what has transpired, I take
    full accountability to drive the actions to set it right,” Hurd said at
    a Friday news conference to announce Dunn’s departure as well as review
    what the company has learned about its spying program.

    Dunn had
    previously planned to remain an HP director after relinquishing the
    chairmanship in January, but now she is leaving the board entirely.
    “I
    continue to have the best interests of HP at heart and thus I have
    accepted the board’s request to resign,” Dunn said in a Friday
    statement.Dunn, 53, continued to defend her decision to initiate the
    probe to identify the boardroom leak and reiterated her intention to
    appear Thursday before a congressional panel looking into HP’s spying
    spree.Determined to protect confidential board discussions, Dunn hired
    investigators who impersonated board members, employees and journalists
    to obtain their phone records. The detectives also surveilled an HP
    director and concocted an e-mail sting to dupe a reporter for CNet
    Networks Inc.’s News.com, an online technology site.

    Hurd on
    Friday acknowledged authorizing the bogus e-mail, but said he didn’t
    recall approving the use of software to trace the reporter’s
    computer.California Attorney General Bill Lockyer and several federal
    agencies are investigating whether HP and its executives broke any laws
    in their crusade.Hurd so far isn’t among the group of HP insiders that
    Lockyer expects to charge, spokesman Tom Dresslar said Friday. But the
    attorney general is still examining Hurd’s role in the scandal. “We are
    not ruling anybody out in terms of criminal culpability, Dresslar
    said.Hurd also said Friday he plans to appear at the hearing being held
    by the House Energy and Commerce Committee. Dunn and General Counsel
    Ann Baskins, who also played a central role in the spying program,
    previously accepted the panel’s invitation to appear.

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