Hewlett-Packard Company (HPQ) Leads the Dow to New Highs

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While the stock was hit hard last year, dropping 47% in 2012, there have been no repercussions for the board members who approved the deal. Institutional proxy advisor Institutional Shareholder Services is recommending that investors vote against Hewlett-Packard Company (NYSE:HPQ) hairman Ray Lane, audit committee head G. Kennedy Thompson, and finance and investments committee head John Hammergren.

HP is rapidly shifting its strategy under the new leadership of CEO Meg Whitman, and this shift should include new board management, as the current leadership has been a disaster for shareholders.

The article Hewlett-Packard Leads the Dow to New Highs originally appeared on Fool.com and is written by Dan Dzombak.

Dan Dzombak can be found on Twitter @DanDzombak or on his Facebook page, DanDzombak. He has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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