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HP CEO Resigns

 Hewlett-Packard says CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards. Hewlett-Packard Co. says Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by a former HP contractor. The probe concludes that the company’s sexual-harassment policy was not violated, but that its standards of business conduct were.
    The technology company named Chief Financial Officer Cathie Lesjak as its interim CEO.
    HP says a board committee will search for a new CEO.
    Lesjak, who has been at HP for 24 years, will continue to act as CFO.
   
    (Copyright 2010 by The Associated Press.  All Rights Reserved.)

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