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Directors: A harsh new reality
Oleh:
Charan, Ram
;
Colvin, Geoff
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Fortune vol. 162 no. 6 (Oct. 2010)
,
page 57.
Topik:
Hewlett Packard
;
CEO
;
Succession
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF16.44
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
When Hewlett Packard announced CEO Mark Hurd's sudden resignation on Aug. 6, it was a miserable event for shareholders, employees, partners, and customers -- not to mention its own directors. Hurd, who had produced smashing financial results in five years as chief, was leaving, and the board didn't announce an immediate successor. CFO Cathie Lesjak would be interim CEO, but had "taken herself out of consideration" for the permanent job. When would a new CEO take over? Would that person be an outsider? HP's board couldn't say. The stock dropped 12% almost instantly on the news of Hurd's leaving and the CEO succession void and then drifted down further -- as the largest company in one of the world's fastest moving industries operated week after week without a CEO.
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