Mark Hurd Appointed As Oracle President
Shortly after leaving his post as HP (www.hp.com) chief executive officer, Mark V. Hurd has joined IT software and hardware firm Oracle (www.oracle.com) as president and has been named to the company's board of directors, where he will report to Oracle CEO Larry Ellison.
In August, Mark Hurd resigned his position as HP chairman, CEO and president following an investigation into a sexual harassment claim against Hurd by HP marketing consultant Jodie Fisher. While the investigation determined that Hurd had not violated HP's sexual harassment policy, he was found to have violated HP's Standards of Business Conduct by falsifying expense reports and breaking the trust of the board by attempting to keep his relationship with Fisher from them.
Despite these indiscretions, even IT blog The Register, a harsh critic, agrees that Hurd's legacy since taking the helm in 2005 has made HP "a real IT player." The blog notes that Hurd has helped improve PC business, build its printer and consumables lines, and led the company's server business to lead the industry in both shipment and revenue.
Hurd's new boss, Ellison, was also laudatory in a statement: "Mark did a brilliant job at HP and I expect he'll do even better at Oracle.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. Mark pioneered the integration of hardware with software when Teradata was a part of NCR."
Part of Oracle's strategy involves integrating its "smart storage software" with Sun hardware to deliver high-performance database storage. These Exadata Storage Servers use a massively parallel architecture to dramatically increase data bandwidth between the database server and storage.
"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," Hurd said in a statement. "Exadata is just the beginning. We have some exciting new systems we are going to announce later this month at Oracle OpenWorld. I'm excited to be a part of the most innovative technology team in the IT industry."
Hurd will be replacing Charles Phillips as president and as a member of the board of directors. "Charles has evolved our field culture toward a more customer-centric organization and improved our top line consistency through a period of tremendous change and growth," Ellison said in a statement. "When Charles approached me last December and expressed his desire to transition out of the company, I asked him to stay on through the Sun integration which has gone well. We will miss his talent and leadership, but I respect his decision."
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