Hewlett-Packard Shareholders Approve Board Shake-Up

Hewlett-Packard shareholders approved the new makeup of the company’s board of directors at a meeting in Arlington, VA, today. The company had gotten some push-back from two shareholder advocacy groups, Institutional Shareholder Services and Glass Lewis, who advised their clients to vote against the nomination of as many as three directors standing for re-election. All directors nominated were re-elected. The company announced a dramatic board shake-up on January 20, adding, among others, former EBay CEO Meg Whitman.