Wednesday, October 13, 2010

Conduct Unbecoming A Public Company Board Of Directors

One thing you have to respect about Yahoo's board of directors - no matter how much the press criticizes them for making painfully awful strategic decisions, they keep their chin up and at least maintain some level of basic decorum. The Hewlett Packard board has no such qualms. Bill Hewlett and Dave Packard must be turning in their graves.

Clearly the board feels as though they are unjustifiably under fire from the press over the firing of CEO Mark Hurd, and the New York Times in particular. But they're fighting back in a way that is unbecoming. And the fight seems to be more about making the board of directors feel better about themselves as individuals, rather than acting in the best interest of the company that they have a duty to serve.

The New York Times' Joe Nocera has been the guy in front of the Anti-HP parade. In this zinger - titled H.P.'s Blundering Board - Nocera doesn't criticize the H.P. board for firing Hurd, but he does criticize them for suing Hurd joined that company as president.

Jda Software Group Jack Henry And Associates Ixys

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