Mark Hurd

  • Oracle Stock Drops 2.5% On News That Larry Ellison Has Relinquished His CEO Title

    Oracle Stock Drops 2.5% On News That Larry Ellison Has Relinquished His CEO Title

    Today after the bell, Oracle announced that its long-time premier Larry Ellison is no longer its CEO. Former HP CEO Mark Hurd will take over the job in partnership with Safra Catz. Catz will manage finance and manufacturing, while Hurd will handle sales. Ellison will take on the titles of Executive Chairman of the Board and CTO. Hurd left HP under negative circumstances, including allegations… Read More

  • WITN: The Dumbest and Smartest People of 2010, Plus Our Predictions for 2011 (TCTV)


    With apologies to Car Talk, you’ve squandered a perfectly good half-of-a-year watching “Why Is This News?” and we decided to reward you with a show that actually contains business analysis, rather than a rant about hotels or the hijinks of Michael Arrington. In this week’s episode Paul and Sarah give their picks for the dumbest and smartest people of 2010, a… Read More

  • Oracle CEO Larry Ellison Rips "Vindictive" HP Lawsuit

    Oracle CEO Larry Ellison Rips "Vindictive" HP Lawsuit

    The dramatic battle between Mark Hurd, HP, and Oracle continues. Yesterday Oracle announced that it was hiring recently-ousted HP CEO Mark Hurd as Co-President and a member of its Board. HP responded this morning by suing Hurd, alleging that he would potentially leak trade secrets to Oracle. Oracle has just responded to the suit, and it isn’t pulling any punches: “Oracle has… Read More

  • HP Confirms It Is Suing Mark Hurd For Potential Leakage Of Trade Secrets To Oracle

    HP Confirms It Is Suing Mark Hurd For Potential Leakage Of Trade Secrets To Oracle

    It seems like only yesterday that Oracle announced it was hiring former HP CEO Mark Hurd to be a Co-President and member of the Board — that’s because it was just yesterday. And now just one day later, we have a lawsuit filed by HP to block such a maneuver by Oracle. In confirming the lawsuit in a brief blog post today, HP’s official corporate blog highlights what they see… Read More

  • Oracle Hires Former HP CEO Mark Hurd As Co-President

    Oracle Hires Former HP CEO Mark Hurd As Co-President

    Oracle has confirmed that former Hewlett-Packard CEO Mark Hurd has found a cushy place to land after one of the year’s messiest tech scandals. Hurd will be joining the company as Co-President alongside Oracle CEO and close friend Larry Ellison. This comes as no surprise if you believed yesterday’s rumors of Hurd’s hire or took note of the fact that Ellison came to his… Read More

  • Mark Hurd Had The Lowest Employee Approval Rating (34%) Of Any Major Tech CEO

    Mark Hurd Had The Lowest Employee Approval Rating (34%) Of Any Major Tech CEO

    Softcore-porn-actress-turned-marketing-consultant Jodie Fisher wasn’t the only person who failed to be enamored by HP CEO Mark Hurd, who was forced to resign as a result of an investigation into his relationship with Ms. Fisher. According to Glassdoor, a site where employees can anonymously rate companies and CEOs, Hurd had the lowest employee approval rating of any major tech CEO. Only… Read More

  • The HP/Hurd Accusations: Now With More WTF

    Something weird is going on over at HP. This whole Mark Hurd firing looks more like a coup timed with a nice, old-fashioned scandal than a case of “sexual harassment.” To wit, the “victim,” one Jodie Fisher, just wrote in a press release: “I was surprised and saddened that Mark Hurd lost his job over this. That was never my intention.”
    “Mark and I… Read More

  • HP CEO Mark Hurd Resigns, This Looks Messy

    HP CEO Mark Hurd Resigns, This Looks Messy

    Well this is unexpected, HP has just announced that CEO Mark Hurd is stepping down. CFO Cathie Lesjak has been appointed as interim CEO. According to the company’s press release, Hurd is resigning on the heels of sexual harassment charges by a former HP contractor. Although an investigation concluded that there was no violation of the company’s sexual harassment policy, it says… Read More