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New job: Ex-HP boss Hurd hires at Oracle

2019-10-18T17:40:37.252Z


Second chance for the hated Hewlett-Packard boss Mark Hurd: The top manager moves into the board of the main competitor Oracle. He serves there Larry Allison, whom he has long been friends with.



New York - Chipped Hewlett-Packard boss Mark Hurd takes on a top job at rival Oracle. Hurd will be one of the two presidents of the group, the SAP rival said in the night of Tuesday.

The Oracle Presidents lead the daily business, from which 66-year-old founder and CEO Larry Ellison has largely withdrawn. Hurd replaces on the position Charles Phillips, who leaves the company. He will also join the Board of Directors.

Oracle founder Larry Ellison, who has been at the helm since the 1970s, said Hurd "did a great job working for HP." Oracle Above all, build on the experience of his new top manager in bringing together software and hardware solutions. Oracle wants to give this field a key position in the future. Hurd gained experience above all while working at the machine specialist NCR. He had worked there for 25 years before joining Hewlett-Packard in 2005 was changed.

Hurd's appointment to Oracle about a month after his inglorious departure from Hewlett-Packard is not surprising. Already on the weekend, the "Wall Street Journal" had reported on talks with the manager. In addition, Ellison, who is considered a good friend of Hurd, publicly criticized the expulsion of the manager. "That was the dumbest personnel decision since the idiots on the Apple board of directors fired Steve Jobs many years ago," he wrote in an e-mail to The New York Times in early August.

The 53-year-old Hurd was considered one of Hewlett-Packard's most successful top managers in the technology industry after his years at Hewlett-Packard, but stumbled over his relationship with a former public relations officer this summer. The woman accused Hurd of sexual harassment. The allegations were not confirmed, they agreed to a settlement. However, the HP board of directors told Hurd to have filed false expenses after private meal with the woman. The manager then stepped back.

Oracle is not only number two in enterprise software after SAP but is entering ever more IT areas. At least since the acquisition of the server specialist Sun Microsystems Oracle and HP are direct competitors.

Source: spiegel

All business articles on 2019-10-18

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