Tuesday, September 07, 2010

Former H.P. Chief Joins Oracle as Co-President

Mark V. Hurd, the former chief executive of Hewlett-Packard, is name the new Oracle’s new co-president. Hurd is now the number two after Lawrence J. Ellison, Oracle’s chief executive and largest shareholder.

Mr Hurd resigned from H.P. one month ago, after involvement in a personal relationship scandal with a contractor turned up questionable expenses. However, a post-investigation saw no proof. Under Hurd's leadership, H.P. had grown by leaps and bounds. Mr. Ellison, a personal friend of Mr. Hurd, criticized H.P.’s board last month saying it was “the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago”.

Former H.P. Chief Joins Oracle as Co-President [via]

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