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Multiple Choice Question: Which of the Following Fiduciary Duties Did the Hewlett Packard Board Violate? (There May Be Multiple Right Answers)

Pascal's View

Scarcely 12 months since Apotheker joined HP, the value of the company’s equity has declined by approximately 50%. Remarkably, when the 12-member board voted to name Mr. Apotheker as the successor to the recently ousted chief executive, Mark Hurd, most board members had never met Mr. Apotheker.