Ex-HP CEO Mark Hurd joins Oracle as Co-President
It seems that Oracle CEO and largest shareholder Larry Ellison is putting his money where is mouth is. After blasting HP for releasing CEO Mark Hurd (equating it to Apple’s firing of Steve Jobs back in 1985, Ellison has brought Hurd onboard to help helm his technology empire. Hurd and Ellison have long been personal friends, and Ellison has never been timid in expressing his support for Hurd. In fact, the two worked together often as executives, with HP and Oracle capitalizing on several corporate partnerships.
Hurd will be replacing retiring Oracle co-president and board member Charles Phillips, Jr. As co-president, Hurd will be slotting alongside current Oracle executive Safra Catz, and will report to Ellison. On his decision to bring Hurd into Oracle’s executive team, Ellison was not short on praise: “Mark did a brilliant job at H.P., and I expect he’ll do even better at Oracle. There is no executive in the I.T. world with more relevant experience than Mark.”
Source: New York Times