Ex HP Chief Hurd Joins Oracle as Co-President
Mark Hurd, the former CEO of HP who recently resigned over sexual harassment allegations, has secured a job at software giant Oracle.
Throughout Labor Day weekend, there were rumors that Mark Hurd had been offered a job by Larry Ellison, CEO of Oracle. Several sources spoke to the media about the discussions that were going on behind closed doors but none could elaborate on what kind of position Hurd would fill at the company.
Late last night Oracle revealed that Mark Hurd would join the company as co-president and report directly to Larry Ellison. He will also join Oracle's Board of Directors. Both Larry and co-president Safra Catz are pleased to have Mark on board, with the former describing Hurd's performance at HP as "brilliant."
"Mark did a brilliant job at HP and I expect he'll do even better at Oracle," said 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."
Ellison made headlines last week when he called the HP situation 'the worst personnel decision since Apple fired Steve Jobs.' Hurd was supposedly ousted amid sexual harassment allegations and was later found to have altered expense reports to cover up a relationship he was having with a female client.
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You got to be freaking kidding me.
'the worst personnel decision since Apple fired Steve Jobs.'...actually I think that would be Oracle hiring someone who resigned over sexual harassment allegations at his previous job.
Good luck with that. He will gut oracle of everything valuable just to save a few bucks.
Hehe good for Oracle. Now I know whose products I will avoid:-). Mark Hurd aka 'Turd'...
You fall from a high place, you land in a high place...
Now this is interesting.
here Mark Turd can go an have an affair with
an Indian porn star.
Well that is where oracle has all it's software these days.
Disgusting. Maybe Oracle can hire Tiger Woods to get their new message out.
Even though Hurd was one of the most disliked CEO's among top tech companies, he still is likely to get a 40 million dollar severance package from HP. Reading through an Associated Press article, apparently conditions on the package involve a certain "Confidentiality agreement that restricts what he can tell a future employer about internal HP dealings".
What could this guy be worth to Oracle?
Birds of the same feather I suppose.
Word to the big bird...I mean big turd...I mean big hurd...I mean turd.
Hurd? Turd? Werd!
I wonder how far this will drop Larry Ellison's approval rating among his employees?
Mark as "brilliant" ha ha ha. We will see about that.
obviously its not what you touch, but who you touch.
I wonder how far this will drop Larry Ellison's approval rating among his employees?
Fortunately for people as high up as him, nobody else's opinion (off the board of Directors anyway) matters. He still collects his ridiculously over sized salary for spending most days playing golf, and on the days he actually works, he fires people. I actually say some douche on MSNBC business channel talking about how America should give an award to the CEO who manages the largest salary during the year. As if making stupidly large sums of money isn't rewarding enough. This during a discussion of how the CEOs that fire the most people also seem to be paid the highest; on that list Mark Turd was #3 IIRC. Mark was getting somethink like 24,000,000 a year to run HP. That is equivalent to roughly 500 people @ $48,000/yr which is a good salary. ***WTF*** DOES HE DO THAT IS WORTH THE WORK 500 OTHER HARD WORKING PEOPLE CAN DO FOR THE SAME MONEY? This isn't capitalism, it's plutarchy. Feels like freaking 1910 around here. All we need are cops beating labors on strike, and we'll be all set.
What could this guy be worth to Oracle?
He's an expert a shaking down employees and short term thinking. He believes sales people are the biggest asset to a technology company. Questionable ethics and lack of imaginationare also part of his cache.
This is just completly unbelievable! This guy doesnt deserve a job anywhere near this high up, put him in the mail room. I just dont understand why him and not the millions of other hard workers that would be of better moral standards and 100% more deserving.
Oracle what are you doing promoting this kind of behavior? Sure its OK to alter expense reports
to cover up a relationship son.
And immediately gets sued by HP:
http://www.computerworld.com/s/art [...] ity_issues
Disgusting. Maybe Oracle can hire Tiger Woods to get their new message out.
The differance is that most people couldn't care less if Tiger Woods plays 18 holes off the course, he is still the best golfer in the world.
Smells like the whole affair was setup to get him to Oracle??!
Snipe him out. Punisher stylie. The wicked will get theirs. What is worse is that these people see only what is in front of them, nothing around them matters. I'm not for a hippy, socialist mentality but when a person does wrong at one job and then gets basically a lateral promotion from one president spot to another, there has to be some type of standards forbidding such personnel moves. Or my original position which is vigilante justice.