• 03/29/2005
    10:00 PM
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HP Confirms NCR's Hurd Will Replace Fiorina

HP's board selects NCR president and chief executive Mark Hurd to keep the company moving forward as a full-service enterprise vendor.

"Our search for a new leader to return HP to sustained success has been focused and thorough," Dunn said in a statement. "Mark came to our attention because of his strong execution skills, his proven ability to lead top-performing teams, and his track record in driving shareholder value."

Hurd will begin his tenure at HP officially on April 1 and will join the HP board.

NCR said Tuesday that Hurd was resigning immediately. NCR board member James Ragland was named interim chief executive. The NCR board has begun a search for a permanent replacement.

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