HP CEO Hurd stepped down Fridayafter the company said he falsified expense reports to conceal a relationship with a female contractor, who accused him of sexual harassment.
Stahlman said Hurd's departure is no big loss for the computer and printer maker.
“This is hardcore Silicon Valley technology growth people who really run this company, not Mark Hurd,” added Stahlman. Neither Stahlman nor his family or company own HP stock.
CNBC contributor Jeffrey Sonnenfeld said it's right that Hurd lost his job in light of the last week's revelations. Sonnenfeld is also a professor at the Yale School of Management.
He added that Hurd’s reversal of fortune was high on the “bizarro” scale, similar to the scandals of such public figures as South Carolina governor Mark Sanford and former vice presidential candidate John Edwards, both of whose romantic entanglements brought them down.