Mark Hurd, Former HP boss joins Oracle
According to New York Times, Mark Hurd, former Hewlett-Packard chief executive, has resigned last month after a sex scandal, has reportedly linked with US software giant Oracle as its new co-president.
Hurd has joined Oracle as president and as a director.
"Mark did a brilliant job at HP and I expect he’ll do even better at Oracle," Oracle CEO Larry Ellison said, according to the report.
"There is no executive in the IT world with more relevant experience than Mark."
Ellison, founder of the company in 1970, continues to be in the top post and is the company’s largest shareholder.
Hurd, 53, resigned when former marketing contractor Jodie Fisher made accusations of sexual harassment, amid claims he hid the affair through filing false company expense reports.
Oracle, is a business software giant that competes HP’s market share in that field, is almost as profitable as HP. With an earning of $6.1 billion in the last fiscal year compared to HP’s $7.7 billion in the same time period.
What others are also reading:
- Hewlett Packard Chairman, CEO and President resigns
- Microsoft is the Surprise Winner in Oracle v. Google
- Boss of Kia Motors resigns due to mass recall
- First Filipino celebrity reach 1 million fan mark in Facebook
- Gretchen Barretto, joins ABS-CBN
