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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 michael67 on 8/11/2010 4:58:40 PM , Rating: 2
quote:
Your blatant anti-Americanism doesn't make that any less true.

I worked and lived for 8 years in Texas, and have many friend there, do i hate the part of you that thinks the US way is the best way of living, and I lived there long enough to see both sides, and to be honest there are a lot of things i really liked when i was living there, a specially the low taxes compared to Holland and even more compared to Norway ware i live now.
But that's only true if you have a job, if you don't have one, you f......

Holland is a small country compared to the US whit only 17.5m people, still last year only 650 houses ware sold under privet bankruptcy up only 100% form 5 years ago.

If you get out of a job, you don't get thrown out of your house, do having stake for diner is out of the question you will make end meet even do you have to scrape the barrel.

I now socialism is a bad word in the us, do Americans that have bin here for a wile see its not suds a bad thing after all.

Do on the moment i really don't like my home country that mouths eider, as politics of fear is also ruling Holland on the moment just like in the USA.


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