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Mark Hurd News
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Mark Hurd joined Oracle as co-president in September 2010, a month after he was ousted in a controversial fashion from Hewlett-Packard Co, where he had been chief executive since 2005.
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Oracle Corp longstanding Chief Executive Larry Ellison stepped down on Thursday, to be replaced by younger co-CEOs Safra Catz and Mark Hurd, as the business software company looks to modernize and counter fast-moving, cloud-based rivals.
Hewlett-Packard Co has won the dismissal of a lawsuit accusing the computer maker of securities fraud for misleading shareholders about its commitment to ethics while its chief executive was allegedly engaging in sexual harassment.
The lawsuit stemmed from the sudden August 2010 departure of CEO Mark Hurd amid allegations that he had harassed an independent consultant, Jodie Fisher.
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