Thursday, Dec. 09, 2010

CEO Loses Job Because of Money and Sex

Hewlett-Packard CEO, Chairman and President Mark Hurd resigned from all three positions, after some expense account irregularities. Most CEOS don't get canned for fudging their expenses, but Hurd's fiddles were allegedly to cover up a sexual harassment suit that was filed against him. The suit was a byproduct of an affair he'd had with a marketing executive and former reality show contestant Jodie Fisher. Things worked out fine for Hurd in the end, though. After getting a good-sized payout from Hewlett Packard with his walking papers, he was hired by his friend Larry Ellison at competitor Oracle.