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Oracle CEO Larry Ellison  (Source: PeopleSoft Planet)

Mark Hurd, Former HP CEO  (Source: Getty Images)
Ellison calls HP board "idiots"

HP is the largest computer maker around with a business that spans the globe and reaches into the corporate and consumer markets. The company recently forced the resignation of its CEO Mark Hurd after allegations of sexual harassment and falsified expense statements.

The CEO of Oracle Lawrence Ellison is speaking out in support of Hurd and condemning HP's board for Hurd’s departure. Ellison and Hurd are reportedly close friends, though the companies do compete on some levels and work together on other projects.

Ellison sent an email to the New York Times stating, "The H.P. board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn’t come back and saved them."

Ellison continued in the email claiming that, "In losing Mark Hurd, the H.P. board failed to act in the best interest of H.P.’s employees, shareholders, customers and partners. The H.P. board admits that it fully investigated the sexual harassment claims against Mark and found them to be utterly false."

According to Ellison, a debate amongst the HP board was raging on whether or not to disclose the allegations of sexual harassment to the public. Hurd reportedly didn’t see the need to force disclosure of the allegations after an investigation by the HP board found that the claims were false.

Hurd and the woman involved in the case, Jodie Fisher, both maintain that there was no romantic relationship between them. However, Fisher reportedly settled the claims with Hurd for an undisclosed sum of money.

Why there would have been a settlement if nothing happened is unknown. HP maintains that the reason for Hurd to be forced to resign was due to falsifying expense reports in an effort to conceal the relationship.



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RE: RIP HP
By Ammohunt on 8/11/2010 11:14:26 AM , Rating: 2
quote:
Its time that American exceptionalism is put aside America is not better then anyone else, and even if it was, its going down the same road as Rome, due to the same problem, greed and corruption by the rich.


Spoken like a true college grad ignorant of so many things.
I know you would like American Exceptionalism to go away in your twisted Marxist way you would attempt to make everyone "equal" by legislation because Its easier to control the world populace when everyone marches lock step with the herd. I for one will be the first to spit in the eye of Marxists such as yourself and if need be take to arms like my fore-fathers to prevent the subjugation to a ruling class and oppression you are proposing.


"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher














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