HP CEO Mark Hurd Resigns for fudging Expense reports on a female contractor...

Qianglong

Senior member
Jan 29, 2006
937
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Man....I am not sure how much he get paid but that is just stupid to use company money on this matter...
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
If you're rich and powerful don't stick your dick in crazy! That is really about the only ones you're gonna get, ones out to make a buck. All this over some pussy. Dumbass.

What is probably more likely is she wanted more extortion money from him and she threatened a harassment suit or spill the beans if he didn't pay. He didn't pay, she's got documents of the pay off money, his career is ruined.
 
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Qianglong

Senior member
Jan 29, 2006
937
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Do you guys think this will be another Tiger Woods the High Tech version lol?
 

PottedMeat

Lifer
Apr 17, 2002
12,363
475
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Hurd, who has been making upwards of $30 million annually, could collect $53 million in severance pay, stock and restricted units under his separation plan with the company, HP said in its most recent proxy filing.

Hahah. What the hell does he care - he got laid, got someone else to pay for it, and got a shitload of money.
 

thegimp03

Diamond Member
Jul 5, 2004
7,420
2
81
If you're rich and powerful don't stick your dick in crazy! That is really about the only ones you're gonna get, ones out to make a buck. All this over some pussy. Dumbass.

What is probably more likely is she wanted more extortion money from him and she threatened a harassment suit or spill the beans if he didn't pay. He didn't pay, she's got documents of the pay off money, his career is ruined.

Meh, not ruined. He's looking to get over $50m in severance. I'm pretty sure he can live comfortably through retirement.
 

endervalentine

Senior member
Jan 30, 2009
700
0
0
Plus, I'm sure other companies will pick him up, aside from not being able to control his dick, he's actually done a pretty good job, so I'm sure he'll find a place to land.
 

JEDI

Lifer
Sep 25, 2001
29,391
2,737
126
what an idiot. if your thjat rich, why use company $?!

it's like Walmart's 3rd in command using gift cards for personal stuff that were meant to handout to employees while he's doing site visits. $1500 cost him his job. dumbass!
 

slugg

Diamond Member
Feb 17, 2002
4,723
80
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Was he the one that came up their TouchSmart computers? Because apparently, he likes to touch.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
687
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Man....I am not sure how much he get paid but that is just stupid to use company money on this matter...

Way too much. I have friends who work for HP (I jumped ship from Compaq when the merger was announced) who haven't seen a pay raise for years (they've been on a freeze for a number of years), but Hurd always managed to get huge bonuses ($24 million cash bonus in 2008 and $15 million in 2009). Those were just cash bonuses and don't include his base pay, stock options, or perks.

I love it when arrogant CEOs talk about integrity, respect, etc. and then get busted for violating their own rules. You'd think with his ~$20 million bonus, he could've afforded a padlock for his pants.
 
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IndyColtsFan

Lifer
Sep 22, 2007
33,655
687
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what did Fiorina do?
besides butcher compaq?

Cappellas should have been the CEO when they merged. Fiorina was too busy acting as if she were a rock star and getting all the publicity she could. I swear, we had a great quarter at Compaq, got huge bonuses, and then a couple of mediocre ones and suddenly, we're merging with HP.
 

Hacp

Lifer
Jun 8, 2005
13,923
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Whoever decided to put all that bloatware on HP computers should be fired.
 

JS80

Lifer
Oct 24, 2005
26,271
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