HP chairman Lane and 2 directors resign in light of stockholder vote

Hewlett-Packard Chairman Raymond Lane and two directors have announced their resignation from the board in response to shareholder opposition led by major pension funds at the technology company's annual meeting. "After reflecting on the stockholder vote last month, I've decided to step down as executive chairman to reduce any distraction from HP's ongoing turnaround," Lane said. Ralph Whitworth, an executive with an activist investment firm, is Lane's temporary replacement.

View Full Article in:

Pensions & Investments (free access for SmartBrief readers) · Computerworld · San Jose Mercury News (Calif.) (free registration)

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Pharmacy Benefit Analyst/ Auditor
Nationwide, SL_Nationwide
Vice President, HEDIS & Performance Outcomes
Dayton, OH
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC