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Edition: U.S. Article Comments (0) Video Save Email Print Reprints Most Popular Most Shared South Korean fishing vessel held by North: coast guard 8:09am EDT UPDATE 2-Google ordered to defend against age bias lawsuit 05 Aug 2010 iPhone exec departs Apple after "Antennagate" 07 Aug 2010 Ex-HP CEO Mark Hurd settled with contractor 12:42am EDT Cancer cells slurp up fructose, US study finds 02 Aug 2010 BlackBerry maker tests three Saudi servers-regulator 9:27am EDT Dog chews off Michigan man's toe, saves his life 04 Aug 2010 Snap analysis: July jobs show odd mix of bad news 06 Aug 2010 Pakistan navy boats travel to reach flood victims 4:17pm EDT Group denies Afghan Taliban claims over dead workers | Video 2:18pm EDT Cancer cells slurp up fructose, US study finds 02 Aug 2010 Pakistan navy boats travel to reach flood victims 4:17pm EDT Dog chews off Michigan man's toe, saves his life 04 Aug 2010 iPhone exec departs Apple after "Antennagate" 07 Aug 2010 Internet traffic talks collapse 06 Aug 2010 UPDATE 2-Google ordered to defend against age bias lawsuit 05 Aug 2010 South Korean fishing vessel held by North: coast guard 8:09am EDT Mudslides devastate China town 10:30am EDT Tattoos: the skin as canvas 06 Aug 2010 Chile aims to be Silicon Valley incubator 04 Aug 2010 HP says investors supportive despite CEO's ouster Digg This Tweet This Share on LinkedIn Share on Facebook Factbox HP CEO latest exec to lose job over relationship Fri, Aug 6 2010 Related News Fiorina, Hurd: no practitioners of 'The HP Way'? 3:54pm EDT Instant View: HP CEO quits after sex harassment probe Fri, Aug 6 2010 Sexual harassment a common pattern say experts Fri, Aug 6 2010 Related Topics Technology » iPad » Related Video Hewlett-Packard CEO steps down Fri, Aug 6 2010 Mark Hurd, President, CEO and chairman of Hewlett Packard, testifies during a hearing held by the U.S. House Energy and Commerce Committee investigating Hewlett-Packard on Capitol Hill in Washington September 28, 2006. Credit: Reuters/Kevin Lamarque By Gabriel Madway SAN FRANCISCO | Sun Aug 8, 2010 3:54pm EDT SAN FRANCISCO (Reuters) - Hewlett-Packard Co said it has received an "extremely supportive" response from investors and customers following the surprising ouster of Chief Executive Mark Hurd for expense account irregularities. Chief Financial Officer and interim CEO Cathie Lesjak on Sunday acknowledged Hurd's contribution to HP's success, but said investors understood why HP acted, and that the company's management team was strong. "The reassurance comes from understanding why we took the action that we took ... and then making sure that they understood that one thing changed in this company on Friday and that was the CEO left," Lesjak said on a conference call. "The rest of the company has not changed," she said. The world's No. 1 computer maker shocked Wall Street on Friday by announcing Hurd's resignation, accusing him of falsifying expense reports to conceal a "close personal relationship" with a female contractor. Hurd was one of the most widely admired CEOs in the world, credited by many with reviving HP's fortunes after he took the reins of the company in 2005. Its shares fell 10 percent in extended trading Friday, after the announcement of Hurd's resignation was made. Lesjak said HP has been transparent on the circumstances surrounding Hurd's departure, but declined to comment further on the matter. Sources close to Hurd's camp have disputed HP's account of events. Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter. Lesjak, who has taken herself out of consideration for the CEO job, said the board search committee was moving swiftly to identify a new leader for HP. Chief Technology Officer Shane Robison said the change will not affect the roll-out of new products. HP recently acquired both network equipment maker 3Com and smartphone maker Palm. (Reporting by Gabriel Madway; Editing by Maureen Bavdek) Technology iPad Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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