Monday, August 9, 2010

Mark Hurd Jodie Fisher

Mark Hurd Jodie Fisher

The 50 year-old actress, Jodie Fisher become reason for the downfall the of number one PC maker Hewlett-Packard Co.
Jodie Fisher has used up about ten minutes of her fifteen minutes of fame for her role in the downfall of Hewlett-Packard Co . (HPQ) CEO Mark Hurd. Many questions in this sordid tale remain unanswered that should disturb investors.
First, why was the 50-year-old actress, whose "body" of work features films that were light on plot and heavy on nudity, hired by the number one PC maker? Fisher's statement, released through her attorney, Gloria Allred, says "At HP, I was under contract to work at high-level customer and executive summit events held around the country and abroad."
That's vague. The explanation published by Bloomberg News was even more perplexing saying her job "was to organize forums for CEOs and chief information officers that gave customer’s access to Hurd and other HP executives. She would gather background information on invitees and introduce executives to one another."

Sometimes companies take years to recover from scandals. Harry Stonecipher was ousted as the CEO of Boeing Co. (BA) in 2005 after it was revealed that he had an affair with a female subordinate. The plane maker has been in a tailspin ever since because of numerous delays with the 787 Dreamliner. That's why H-P will need to pick a new CEO very carefully.

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