I feel a song coming up: “That’s What Friends Are For”…
Oracle Corp. announced on Sept. 6 that the database giant has hired former HP CEO Mark Hurd as co-president reporting to Oracle chairman and CEO Larry Ellison.
Oracle announced that Hurd has joined Oracle as president and has been named to Oracle’s Board of Directors. In his new role, Hurd joins Safra Catz as co-presidents under Ellison. Charles Phillips, formerly co-president with Catz, announced his resignation from the company on Sept. 6. Phillips’ departure means Oracle’s office of the president will remain a duopoly rather than a triumvirate.
Hurd resigned from HP in August amid a scandal around an investigation by HP’s board relating to a sexual harassment allegation and reports of fudged expense reports.
Following Hurd’s departure from HP, Ellison, a personal friend of Hurd, criticized the HP board, calling their move ““the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago.”