Mark Hurd (HP CEO) resigns

SAN FRANCISCO (MarketWatch) - Hewlett-Packard /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 46.30, +0.03, +0.07%) Chief Executive Mark Hurd has resigned as a result of an investigation into allegations of sexual harassment against him and H-P by a former company contractor. H-P said the investigation found "no violation of HP's sexual harassment policy, but did find violations of HP's Standards of Business Conduct.

And he was doing a rather excellent job as CEO. Until now, of course... That definitely makes me less optimistic about HP's prospects. *sigh*