backtop


Print 7 comment(s) - last by Master Kenobi.. on Sep 6 at 7:42 PM


Mark Hurd, former CEO of HP, has reportedly been offered a job at top software company Oracle. Mr. Hurd resigned in the wake of a sexual harassment lawsuit brought against him by a former contractor.  (Source: World Correspondents)

Oracle is the world's third largest software company behind only Microsoft and IBM.  (Source: Bloomberg News)
Oracle Chief Larry Ellison has been supportive of Mr. Hurd throughout the embarrassing drama

It's good to have friends in high places.  Former Hewlett-Packard Company CEO Mark Hurd may be out of a job for now, but he may soon find a new home at Oracle.  Oracle is headed by Mr. Hurd's close friend Oracle Corporation CEO Larry Ellison.  Mr. Ellison has reportedly reached out to Mr. Hurd and offered him an executive position with Oracle.

For those unfamiliar with Mr. Hurd's strange story, it began when he resigned early last month following allegations that he submitted inaccurate expense reports to cover up a "close personal relationship" with contractor Jodie Fisher.

Ms. Fisher reportedly was hired on to help Mr. Hurd interface with CEOs of his company's clients.  She reportedly stayed with Mr. Hurd on several corporate business trips, including dining with him.  While no one has accused the pair of having a sexual relationship, Ms. Fisher later sued Mr. Hurd for sexual harassment.  The exact details of her accusations remain unknown, as the suit was settled out of court.

Outside of her contracting work, Ms. Fisher had worked as a film and television actress.  Her resume included several softcore pornographic films such as 
Intimate Obsession and Body of Influence 2.

Mr. Hurd began his career at NCR Corporation, where he would work for 25 years.  In 2001 he became president of NCR, and in 2002 he was made Chief Operating Officer.  NCR Corp. makes ATMs, bar-code scanners, and other commercial devices.

In 2005 he left NCR to join HP, replacing CEO Carly Fiorina.  Under his leadership HP transformed from a struggling giant to the world's top personal computer seller, surpassing Dell.  HP shares have been down almost 13 percent since he resigned.

Mr. Ellison has long been friends with Mr. Hurd and blasted the board's decision to force him resign.  He called the board's tactics "cowardly" and voiced his support for Mr. Hurd.

Oracle is the world's third largest software company behind only Microsoft and IBM.  It recently made headlines for its acquisition of Sun Microsystems in August 2009.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

ethics
By iwanttobehef on 9/6/2010 3:03:25 PM , Rating: 2
I think Hurd will fit perfectly into the corporate culture of Oracle. More specifically he could be best buds with Larry Ellison.




RE: ethics
By Master Kenobi (blog) on 9/6/2010 6:10:41 PM , Rating: 1
There is no denying that both men can run successful companies. How they do that is entirely up to them.


RE: ethics
By iwanttobehef on 9/6/2010 6:56:22 PM , Rating: 1
I think HP's board said it wasn't entirely up to Hurd and then fired him. Larry Ellison is in a different position with his board.

Eventually Hurd's personal decisions (ethics) affected his ability to be successful in the corporate world.


RE: ethics
By Master Kenobi (blog) on 9/6/2010 7:42:07 PM , Rating: 2
HP's share holders would disagree. Given the nose dive their stock took.


Can I Get an Editor?
By ignatius on 9/6/2010 9:58:24 AM , Rating: 2
"Under his leadership HP transformed... surpassing HP."




RE: Can I Get an Editor?
By Nehemoth on 9/6/2010 10:21:08 AM , Rating: 2
Indeed, please


RE: Can I Get an Editor?
By Lifted on 9/6/10, Rating: -1
"We are going to continue to work with them to make sure they understand the reality of the Internet.  A lot of these people don't have Ph.Ds, and they don't have a degree in computer science." -- RIM co-CEO Michael Lazaridis














botimage
Copyright 2012 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki