Oracle’s decision to hire Mr. Hurd presents Silicon Valley with a true soap opera, filled with fierce business dealings and saucy relationships.

SAN FRANCISCO — In naming Mark V. Hurd, the former chief executive of Hewlett-Packard, as Oracle’s new co-president, Lawrence J. Ellison, Oracle’s chief executive and largest shareholder, has put his money where his controversial mouth is.

Fred Prouser/Reuters

Mark V. Hurd in Pasadena, Calif., in 2009.

Late on Monday, Oracle announced that Mr. Hurd had joined the company as a president and a director. Mr. Hurd resigned from H.P. one month ago, after an investigation by the board into a personal relationship with a contractor turned up questionable expense reports.

Mr. Ellison, a personal friend of Mr. Hurd’s, criticized H.P.’s board last month in an e-mail message to The New York Times, saying it was “the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago.”

Now, Oracle intends to capitalize on H.P.’s mistake, Mr. Ellison said.

“Mark did a brilliant job at H.P., and I expect he’ll do even better at Oracle,” Mr. Ellison said in the statement. “There is no executive in the I.T. world with more relevant experience than Mark.”

Advertisements

About markjeee

Entrepreneur, Programmer, Run-Bike Athlete
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: