H.P. says its board should be applauded for not letting Mr. Hurd off the hook. But this is just after-the-fact spin. In fact, the directors should be called out for acting like the cowards they are. Mr. Hurd’s supposed peccadilloes were a smoke screen for the real reason they got rid of an executive they didn’t trust and employees didn’t like.
The stand-up thing would have been to fire Mr. Hurd on the altogether legitimate grounds that the directors didn’t have faith in his leadership.
On the other hand, putting up dazzling short-term numbers that have the effect of enriching himself while robbing H.P.’s future — isn’t that what a C.E.O. should be fired for? Firing Mr. Hurd for that reason, however, would have taken courage, something that has always been in short supply on the H.P. board.
Plus, he said, Mr. Hurd was “incredibly rude and demeaning, and relied on the fear factor.†Mr. House summed up the Hurd era this way, “He was wrecking our image, personally demeaning us, and chopping our future.â€
via Talking Business – The Real Reason for Ousting H.P.’s Chief – NYTimes.com.