CNBC:
Hewlett-Packard said CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards.
HP said Friday that Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by a former HP contractor. The probe concludes that the company's sexual-harassment policy was not violated, but that its standards of business conduct were.
In a statement, Hurd said that during the investigation he "realized there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP."
He added that he believed it would be "difficult to continue as an effective leader at HP."
Update: CNBC sources say his payday for leaving the company voluntarily will be between $40 and $50 million.
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