On Friday August , HP CEO Mark Hurd was ousted from the top of the monolithic electronics giant. While Wall Street may be treating HP with an optimistic outlook – the small shift is only a sign that HP has released a critical brand target that resonates through-out the corporate ecosystem.
“Investors are clearly nervous. Shares of HP plunged 7% on Monday despite the fact that the company also issued bullish guidance Friday after the bell. Of course, nobody cared because that’s when HP also announced the Hurd mess.”
~ Paul R. La Monica (CNN MONEY)
Mark Hurd has been upheld as a thought-leader and effective business man, but his reason for leaving the throne of HP revolves around indiscretion with a female HP contractor. Read more