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Former HP boss may move to Oracle
AFP - Monday, September 6
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Former HP boss may move to Oracle
WASHINGTON (AFP) - – Former Hewlett-Packard chief executive Mark Hurd, who resigned last month following a sex scandal, is in talks to join US software giant Oracle, the Wall Street Journal said on its website.
Citing people familiar with the matter, the Journal said Hurd, who left HP on August 6, is in negotiations to join the firm as a top executive but a position has not been confirmed.
The CEO position at Oracle is unlikely to be changed, however, as the man who founded the company in 1970, Larry Ellison, also remains in the top post and is its largest shareholder, the Journal said.
Hurd, 53, resigned last month after former marketing contractor Jodie Fisher accused him of sexual harassment, amid claims he hid the affair through filing false company expense reports.
Oracle, a business software giant that rivals HP's market share in that field, is almost as profitable as HP, earning 6.1 billion dollars in the last fiscal year compared to HP's 7.7 billion dollars in the same time period.
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