HP boss resigns amid sexual harassment claims

Hewlett-Packard chief executive Mark Hurd resigned Friday after an accusation of sexual harassment uncovered subterfuge with company expenses, the computer giant announced."Chief Executive Officer and President Mark Hurd has decided with the board of directors to resign his positions effective immediately," the company said in a statement.HP had brought in outside counsel to investigate allegations that Hurd had violated HP's sexual harassment policy in his dealings with a former marketing contractor.

Ousted Hewlett-Packard chief Mark Hurd made his on-stage debut as an Oracle president on Monday, pitching a new data handling machine and saying it was good to be part of the team.In keeping with the tone set by Oracle chief executive Larry Ellison a night earlier at the kick-off of the company's annual OpenWorld conference here, Hurd steered clear of any comments aimed at HP.Hurd, 53, resigned as HP chief executive in August after a sexual harassment probe uncovered subterfuge with company expenses.

Investigation of a sexual harassment claim by an outside contractor finds Hurd violated HP's conduct standards, the company says. Mark Hurd, the chief executive of technology giant Hewlett-Packard, resigned unexpectedly Friday after a sexual harassment claim was lodged against him by an outside contractor.

A Hewlett-Packard contract employee fended off advances from chief executive Mark Hurd for two years before accusing him of sexual harassment, according to a letter that prompted his resignation as head of the world's largest computer company.Hurd, who is now president of HP rival Oracle, resigned as HP CEO in August 2010 following an investigation by the company's board of directors into the sexual harassment allegations raised in the letter.

SAN FRANCISCO (Reuters) - Hewlett-Packard Co's former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.