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New HP Board Member No Stranger To Pretexting Controversy
from the did-they-call-up-his-phone-numbers? dept
theodp writes "HP finally got around to filling one of the Board seats left vacant by its pretexting scandal. HP's choice? G. Kennedy "Ken" Thompson, CEO of Wachovia Bank, which spent more than $456,000 to buy purloined phone records from Global Information Group, ironically attracting the attention of the same Congressional Committee that's investigating HP."
Reader Comments
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Shady dealings in the corporate board room? Never!
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And corporate officers/boards being shuffled back
No wonder the international press thinks the US is bereft of innovation - we have the same 200 people in charge of every company
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Matt
I noticed the merry-go-round too. Are you suggesting we have an economic Noble class?
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Ah! The whole article is a link!
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Taking the fun out of it all.
When A Computer company is run by former Bank
Executive, on in another case a former CEO of a
Soft Drink company, they're on the way out.
They're more interested in making money than making
computers. Sure, everyone is in business to make money
but when your interest in your product and customers is
replaced with simple greed, you're dinked.
Sometimes when you concentrate on your product
and customers, the money is almost a pleasant surprise.
The reward for a job well done.
HP is on the same glide-path to obscurity that DEC
traveled not so long ago.
When the suits arrive it's a mature industry. Time to
move on.
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natural evolution of a company
Computer companies are often started by innovators and visionaries. And that works to get the original vision started. But eventually if the business grows it needs business men to keep it running. The guy that starts a 3 person computer company is seldom the same guy that can run a multinational corporation. And yes Steve Jobs and Bill gates are the exceptions to that rule. Generally speaking though thats just the way it is. At a certain point the CEO doesnt have to know the technical ins and outs anymore, he hires people to do that and he runs the management team.
www.thatpoliticalblog.com
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Re: natural evolution of a company
Ken Olson
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