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Oracle names ex-HP CEO Mark Hurd co-president

SheeEttin (899897) writes | more than 4 years ago

Businesses 0

SheeEttin writes "In an interesting twist in the Oracle and Mark Hurd/HP sagas, Hurd has been hired as Oracle's new co-president, replacing Charles Phillips. From the article (AP, hosted at Google News):
"Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.

Oracle and HP are longtime partners, but Hurd's appointment Monday as co-president of Oracle underscores the growing fissure between the Silicon Valley heavyweights and stems from Oracle CEO Larry Ellison's belief that his friend Hurd was railroaded out of a job at HP.

Oracle already had two presidents.

One of them--Charles Phillips, a former Marine and investment banker who was with Oracle for seven years--is resigning to make room for Hurd. The other--Safra Catz, Oracle's former chief financial officer--is staying.""

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