Oracle Co-CEO Mark V. Hurd has died at the age of 62. His death leaves the company in the hands of Co-CEO Safra Catz and the company’s founder, Executive Chairman and CTO Larry Ellison.
Hurd joined Oracle in 2010 after five years as CEO of Hewlett-Packard and, prior to that, 25 years at NCR. During his tenure at HP, the company acquired PDA maker Palm, networking vendor 3Com and technology services company EDS – a $13.9 billion deal that made HP one of the world’s largest outsourcing businesses, just behind IBM.
Although he steered the company profitably through the 2008 financial crisis, his leadership at HP ended abruptly and ingloriously when he resigned following allegations that he had sexually harassed an HP contractor. An investigation by the company’s outside legal counsel and its General Counsel’s Office determined there was no violation of HP’s sexual harassment policy, but did find violations of its Standards of Business Conduct.
Once at Oracle, Hurd took on responsibility for the company’s sales and support operations. Hurd’s responsibilities at Oracle before he stepped down included corporate direction and strategy, including its consulting, sales, marketing and support activities. He also supervised business units for verticals such as financial services, health sciences, telecommunications, and utilities. Outside of work, he was vice chair of Board of Regents at his alma mater, Baylor University.
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