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."
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  • identicon
    Anonymous Coward, 20 Nov 2006 @ 10:45am

    Shady dealings in the corporate board room? Never!

    link to this | view in chronology ]

  • identicon
    The Original Just Matt, 20 Nov 2006 @ 11:09am

    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

    link to this | view in chronology ]

  • identicon
    Stephen, 20 Nov 2006 @ 11:47am

    Matt

    I noticed the merry-go-round too. Are you suggesting we have an economic Noble class?

    link to this | view in chronology ]

  • identicon
    Matt Bennett, 20 Nov 2006 @ 11:52am

    Ah! The whole article is a link!

    link to this | view in chronology ]

  • identicon
    Anonymous of Course, 20 Nov 2006 @ 12:31pm

    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.

    link to this | view in chronology ]

  • identicon
    Rico J. Halo, 20 Nov 2006 @ 1:38pm

    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

    link to this | view in chronology ]


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