Lex: Hewlett-Packard

While experts agreed with HP on Hurd’s resignation, today’s Lex note argues that “the safe decision is not always the right one.”

Lex writes, “Mr Hurd was, by most accounts, a superb executive. HP’s shares had outperformed the technology-heavy Nasdaq Composite ninefold since he took over in 2005 and net income grew handsomely.”

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Richard Waters, Chris Nuttall and April Dembosky in the FT's San Francisco bureau share their views - plus tech insights from Tim Bradshaw and Maija Palmer in London and Robin Kwong in Taipei.



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