HP reassures investors but new boss still elusive

Steve Dinneen
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HP YESTERDAY told investors to expect growth to continue despite the firm limping on without a permanent chief executive.

Former boss Mark Hurd, 53, was forced to resign almost two months ago after it was found $20,000 (£12,500) of expense claims in his name were inaccurate.

It then emerged the married chief executive had been desperate to conceal his relationship with the star of movies including Sheer Passion, Intimate Obsession and Body of Influence 2.

Interim boss Cathie Lesjak said the firm has its eye on several promising internal and external candidates but would not name a date for an appointment. Following Hurd’s controversial ousting, shareholders have raised concerns about HP’s spending on acquisitions.