Mark Hurd to Replace Oracle's Larry Ellison?

Filed under: Hewlett-Packard (HPQ), Oracle Corp (ORCL)

The Wall Street Journal reports that the former chief executive of Hewlett-Packard (HPQ), Mark Hurd, is in talks with enterprise software maker Oracle (ORCL) about becoming an executive there. Hurd left HP in early August following allegations of sexual harassment by a former contractor. An investigation failed to find any evidence of sexual misconduct by Hurd.

What position Hurd may take up is unknown; Oracle's founder and CEO, Larry Ellison, will not be stepping down from his position, according to people familiar with the matter. Ellison did criticize HP's board for ousting Hurd, telling the New York Times that the board had failed to act in the best interest of its shareholders, employees and customers.

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Mark Hurd to Replace Oracle's Larry Ellison? originally appeared on BloggingStocks on Mon, 06 Sep 2010 11:30:00 EST. Please see our terms for use of feeds.

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Mark Hurd - Larry Ellison - Hewlett-Packard - Wall Street Journal - Oracle

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