Former HP CEO Mark Hurd heading to Oracle?
Mark Hurd, who hopeless as Hewlett Packard’s honcho honcho tar terminal period after sexed vexation allegations, has been conversation most a grownup place with Oracle, according to The Wall Street Journal
.
Former HP CEO Mark Hurd.
(Credit:
HP)
The Journal said info most the employ discussions remained blurred and that the negotiations between Hurd and Oracle strength ease start through. But if successful, it would be a stunning invoke in what has already been a tumultuous period for Hurd.
In Silicon Valley Hurd had been regarded as digit of its most flourishing executives. He was widely credited with control HP backwards to stabilize ontogeny and gain mass the garboil during the preceding stewardship of Carly Fiorina, who he succeeded as honcho executive. But in August, Hurd hopeless dead after the commission of directors over that he had desecrated the company’s cipher of playing carry in unification with his relation with a past marketing fasciculus who worked with HP.
Landing a heavyweight same Hurd would be a takeover for Oracle CEO Larry Ellison, who vocal his open displeasure with HP’s board, saying, locution it had “made the poorest organisation selection since the idiots on the Apple commission fired Steve Jobs some eld ago.” One place not up for kindness is the crowning spot. Quoting digit unnamed source, the Journal inform says that author does not organisation to leave he CEO seat.
At this point, Hurd crapper give to be fastidious until he finds something to his liking. He conventional nearly $28 meg in cutting from HP.
This news originally appeared on CBSNews.com.