Oracle in Talks with Former HP CEO Hurd: Report
The Wall Street Journal reports former HP CEO Mark Hurd is in negotiations with enterprise software specialist Oracle to join the company as a high-ranking executive.Former Hewlett-Packard CEO Mark Hurd, who resigned from his post with the technology giant in the face of sexual harassment issues, is in current negotiations with enterprise software specialist Oracle to join the company as a top-ranking executive, according to a Wall Street Journal report. The paper reported "people familiar with the matter" explained there was no specific timeline in the process and talks were still ongoing. Before being hired, Oracle's board would have to agree to the decision, the paper reported. In early August, Oracle CEO Larry Ellison sharply criticized HP's board of directors for firing in Hurd, accusing the group of "cowardly corporate political correctness." In an e-mail sent to The New York Times on Aug. 9, Ellison called the HP board's move "the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn't come back and saved them."
In the event that Hurd is hired, it would serve as a remarkable turnaround for the former HP CEO, who was ousted after allegations of sexual harassment. After an internal investigation, the HP board found no evidence to support the sexual harassment charge levied by Jodie Fisher, a 50-year-old one-time actress who attended HP functions with Hurd. However, Hurd apparently falsified expense reports to cover up his personal relationship with Fisher and to pay her for work that she never performed.