The
former boss of HP, Mark Hurd has returned to the business world as the president of HP's rival Oracle.
According to the reports Mark
Hurd will join Oracles as its president and a member of the board. He
has submitted every necessary document before the chief executive of
Oracle. Mark will replace Charles Philips as the president and as a
member of the board for Oracle.
The chief executive of Oracle, Larry Ellison has said Mark has done a
really good job at HP and our company is expecting him to so here. Mark
Hurd was forced to resign from the HP by the board of HP as the company
lost more than 10 billion dollars from it market value during his
period.
But Larry Ellison has said that Mark had nothing to do in that loss
and it was a stupid move taken by HP just like Apple board had taken the
decision of firing Steve Jobs
many years before.
Mr. Hurd resigned from HP on 6th of August and also faced an
allegation of sexual harassment from the former contractor of HP, Jodie
Fisher.
Submitted by Kunal Garg
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