Hewlett-Packard Needs a New Executive Search Firm

Patricia Dunn Former Chairwoman of Hewlett-Packard

H-P DUMPS LARRY SONSINI, POWERHOUSE SILICON VALLEY LAWYER

12-14--Hewlett-Packard severed ties with Larry Sonsini, leading Silicon Valley Lawyer.

http://www.nytimes.com/2006/12/14/technology/14hewlett.html?_r=1&adxnnl=1&oref=slogin&ref=business&adxnnlx=1166122849-rV3roVv3wL33cvqR6PEROQ

12-1-06 Hewlett-Packard Chairman, Mark Hurd and Two Directors Sued by Shareholders for Insider Trading Shortly Before Snooping Scandal News Broke

H-P shareholders filed a lawsuit yesterday claiming breach of fiduciary duties, mismanagement and waste of corporate assets as well as insider trading by CEO Mark V. Hurd and company directors Lawrence Babbio and Lucklle Salhany. The suit claims that the two-and-a-half week period before the spying was revealed was the busiest period of stock sales by company insiders in five years.

http://select.nytimes.com/2006/12/01/business/01norris.html?ref=business

Dunn apparently ordered the controversial snooping on board members and newsmen. Shortly after the scandal broke she resigned her position as Chairwoman effective in January, but retained her seat on the board. Today, enmeshed in the unfolding saga, she resigned her board seat effective immediately.

Executive Vice President and general counsel Ann Baskin and legal ethics officer, Kevin Hunsaker, who supervised the spying program, have engaged criminal defense attorneys.

Stay tuned.

9-23 PATRICIA DUNN AND KEVIN HUNSAKER, SENIOR COUNSEL AND CORPORATE ETHICS OFFICER RESIGN (ie they were fired)

The law firm retained to investigate the situation reported that the investigations team headed by Mr. Hunsaker provided regular updates to Patricia Dunn, and to a lesser extent to the general counsel, Ann O. Baskins. ..While noting that the firm's review was not complete, the firm's representative noted that Ms. Dunn had personally contacted and engaged Security Outsourcing Solutions, a tiny Boston-area investigative firm operated by Ronald R. DeLia, in the 2005 phase...For the first two months of the investigation, Ms. Dunn worked directly with Ron DeLia from S.O.S. and it was only two months later that the company's own detectives were brought in.

[From a NYTimes article by Damon Darlin and Matt Richtel linked below.]

9-28 HEWLETT EXECUTIVE VP AND GENERAL COUNSEL, ANNE O. BASKINS RESIGNS AND WILL NOT TESTIFY BEFORE CONGRESS

Baskins is said to have supervised H-P's snooping on directors and newspaper reporters.

[NYTimes article linked below.]

Anne Baskins H-P Executive VP & General Counsel

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1 comment

Ralph Deeds profile image

Ralph Deeds 6 years ago Author

Mark V. Hurd, who turned Hewlett-Packard into the world’s largest technology company on the back of fierce fiscal discipline, has been ousted from his post for the lowliest of corporate offenses — fudging his expenses.

http://www.nytimes.com/2010/08/07/business/07hewle...

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