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Oracle hires HP ex-boss Mark Hurd |
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Oracle has said that Mark Hurd, former Chairman, CEO and President of HP, has joined Oracle as President and has been named to Oracle’s Board of Directors. He will report to Oracle CEO Larry Ellison.  Hurd had resigned from HP just over a month ago following an investigation into a claim of sexual harassment against him and the company by a former contractor. Hurd was said to have had an undisclosed personal relationship with the contractor and had also filed inaccurate expense reports that were aimed at concealing his relationship, for which he chose to resign. “Mark did a brilliant job at HP and I expect he’ll do even better at Oracle,” said Oracle CEO Larry Ellison. “There is no executive in the IT world with more relevant experience than Mark. Oracle’s future is engineering complete and integrated hardware and software systems for the enterprise. Mark pioneered the integration of hardware with software when Teradata was a part of NCR.” “I believe Oracle’s strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage,” said Mark Hurd. “Exadata is just the beginning. We have some exciting new systems we are going to announce later this month at Oracle OpenWorld. I’m excited to be a part of the most innovative technology team in the IT industry.” “Mark is an outstanding executive and a proven winner,” said Oracle President Safra Catz. “I look forward to working with him for years to come. As Oracle continues to grow we need people experienced in operating a $100 billion business.” Simultaneously, Oracle also bid adieu to Charles Phillips, who resigned his position as President and as a member of the board of directors. Oracle's statement indicated that Phillips has signaled his intent to leave the company last December, but CEO Ellison had asked him to stay on through the integration of Sun. |
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