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“Hurd’s appointment Monday as co-president of Oracle comes a month after he resigned from HP following a sexual harassment investigation,” Robertson reports. “Oracle CEO Larry Ellison loudly came to Hurd’s defense at the time, calling HP’s decision to oust Hurd the worst personnel decision since Apple Inc. forced out Steve Jobs — another of Ellison’s friends — 25 years ago.”
Robertson reports, “Oracle is now competing in one of HP’s biggest businesses — selling the computer servers that power businesses’ back offices. The company said in a statement that Hurd will also serve as a member of the board of directors and will report to Ellison… ‘Mark did a brilliant job at HP and I expect he’ll do even better at Oracle,’ Ellison said. ‘There is no executive in the IT world with more relevant experience than Mark. Oracle’s future is engineering complete and integrated hardware and software systems for the enterprise.'”
Robertson reports, “One of Oracle’s two presidents — Charles Phillips, a former Marine and investment banker who was with the company for seven years — is resigning to make room for Hurd. The other — Safra Catz, Oracle’s former chief financial officer — is staying.”
“Ellison said that Phillips wanted to leave in December, but that Ellison asked him to stay through the integration of Sun Microsystems,” Robertson reports. “Phillips was in the news earlier this year when pictures of him snuggling with his former mistress appeared on billboards around the U.S. Ellison said Oracle will miss Phillips’ talent and leadership but that he respects Phillips’ decision to leave.”
Full article here.
MacDailyNews Take: Crazy Larry strikes again.