Chair Patricia Dunn is going to remain on the board, but stop Chairing it as of January. CEO Mark Hurd gets the Chairman title and Richard Hackborn becomes lead independent director.
Good work by the board to move quickly to put this behind them and to appoint a lead independent director immediately.
Dunn should have resigned from the board, but she also shouldn't have green-lighted identity theft either.
Hurd is to be congratulated for the good work he's done with HP and how he's kept his name out of the press throughout this entire mess.
Who's on the board?
Lawrence T. Babbio, Jr.
Vice chairman and president of Verizon Communications, Inc.
Former director of Compaq and current director on ARAMARK.
Sari M. Baldauf
Executive Vice President at Nokia
Richard A. Hackborn
Former Chairman of the board of HP from January 2000 until September 2000
Former Vice President at HP until his retirement in 1993.
John H. Hammergren
Mr. Hammergren has served as Chairman of McKesson Corporation since July 2002 and President and Chief Executive Officer since April 2001
Mark V. Hurd
CEO of HP.
Robert L. Ryan
Former CFO of Medtronic
Lucille S. Salhany
Former director of Compaq.
Robert P. Wayman
CFO of HP.
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