Will HP fire its chairwoman?

Ashley Milne-Tyte Sep 11, 2006

TEXT OF STORY

SCOTT JAGOW: I imagine the tension’s pretty thick at Hewlett Packard right now. The government might file charges against HP for spying on board members and journalists via their phone records. Hewlett Packard’s board meets later today and one thing on the agenda: whether the company’s chairwoman should lose her job over this. More now from Ashley Milne-Tyte.


ASHLEY MILNE-TYTE: Patricia Dunn ordered an investigation into the source of leaks from the HP board to the media over what led to the departure of former CEO Carly Fiorina. She has said she won’t resign unless the board requests it.

John Challenger of outplacement firm Challenger Gray and Christmas says discussions are continuing because, after all, Patricia Dunn did head the team that appointed the company’s CEO Mark Hurd. And he’s turning things around.

JOHN CHALLENGER: “So this incident is emerging from the path of very tough time when Carly was leaving, you know since then all this success must make it difficult for them to push out the leadership team that’s led it.”

Hewlett Packard says it won’t comment again until after today’s conference call.

In New York, I’m Ashley Milne-Tyte for Marketplace.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.