09.23.11

Apropos the Hewlett Packard board: What is wrong?

Posted in Blog at 10:40 am

The fact that most of the new members of the HP board were vetted by Apotheker himself, without following HP's normal board recruitment procedures, probably didn't help, but the real fault lies further back. HP was a company with a history of a strong indigenous corporate culture, and a board thoroughly in tune with that culture. The open feud between directors siding with William Hewlett and those supporting then-CEO Carly Fiorina, followed by the long-running director leaks scandal endangered that Read more [...]