Articles about Hurd

Larry Ellison, photo by Oracle Corporate Communications

Oracle's Larry Ellison quits as CEO – new bosses are Hurd'n'Catz

Oracle has, in the past few minutes, announced that company founder Larry Ellison has stepped down as chief executive, effective immediately. Outspoken Ellison will remain with the company in the capacity of chief technology officer, and he will continue to oversee all software and hardware engineering functions, Oracle said in …
Neil McAllister, 18 Sep 2014
Oracle headquarters

First day of Hurd'n'Catz at Oracle: It's dis-fur-pointing for Wall St

Oracle posted results that missed analysts' expectations yet again on Thursday, in a Q1 2015 earnings report that was all but overshadowed by the unexpected news that Larry Ellison has stepped down as CEO. Revenues for the quarter were $8.60bn, a scant 2.68 per cent gain over the same period a year ago and below even the lowest …
Neil McAllister, 18 Sep 2014
Mark Hurd and Safra Catz

Hurd'n'Catz leading Oracle to the cloud, but core biz still lags

Oracle beat analysts' estimates for once for the second quarter of its fiscal 2015, with an earnings report that otherwise showed only modest results. The database giant's total revenues of $9.6bn for the three months that ended on November 30 were better than expected, but still only amounted to 3.5 per cent year-on-year growth …
Neil McAllister, 18 Dec 2014
Oracle co-president Mark Hurd explaining the Platinum service level price

VC firm asked Mark Hurd if he wants to run Dell - report

Former disgraced HP chief Mark Hurd is the man VC Blackstone would plonk at the top of Dell should it scupper a bid by Michael Dell and chums to take the enterprise tech firm private again. This is according to a report by Bloomberg, which states Blackstone is considering matching the $24.4bn offered by Dell the man and his …
Paul Kunert, 21 Mar 2013
Oracle co-president Mark Hurd explaining the Platinum service level price

Ex-HP boss Mark Hurd's $53m gold parachute approved by judge

A US judge has dismissed a shareholder lawsuit against HP's board of directors over its bumper severance payment to ex-CEO Mark Hurd. District Judge Edward Davila said investors had failed to prove that the board's approval of Hurd's big package was not in the company's best interest. Hurd, now president of rival Oracle, left …
The Register breaking news

HP wants final probe into Hurd's departure

HP wants to run its own independent investigation into the departure of former boss Mark Hurd. Hurd left, apparently for dodgy expenses claims, which were uncovered as a result of an investigation into alleged sexual harassment. Hurd then joined Oracle. But according to court documents HP now wants to carry out another probe …
John Oates, 20 Jan 2011
The Register breaking news

Playboy model's complaints against HP chief Hurd laid bare by court

The dossier detailing sexual harassment allegations that sparked the exit of HP boss Mark Hurd has finally been published after a court ruled that it was only "mildly embarrassing". The letter, readable here in pdf courtesy of the New York Times, contains alleged painful details of Hurd's flirtation with HP hostess Jodie Fisher …
Anna Leach, 30 Dec 2011
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Secret HP dossier on ex-CEO Hurd's antics to stay sealed

HP doesn't have to hand over a secret investigation's report on former chief executive Mark Hurd's sexual activities, or lack thereof, a US Supreme Court ruled. Hurd left HP amid allegations of sexual harassment and breach of conduct codes, but still got a lovely golden handshake on the way out the door. HP shareholder Ernesto …
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Hurd fingered in HP bribe case after probe

Mark Hurd, former chief executive of HP, has been named in a court case brought against the ink giant. The case concerns allegations that HP paid bribes to secure US government contracts. Documents claim Hurd, now at Oracle, won $97m in contracts thanks to the illegal payments. Ten other directors are named and accused of …
John Oates, 25 Oct 2010

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …
The Register breaking news

HP accuses Hurd of repeated lying

HP's chairman Ray Lane has accused Mark Hurd of repeatedly lying to the board of directors in an angry letter to the New York Times. Lane was writing in response to an opinion piece in the paper which suggested HP's new boss, Léo Apotheker, formerly boss of SAP, was guilty of worse misbehaviour than Hurd. The article said …
John Oates, 12 Oct 2010
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SEC probes whether Hurd leaked EDS buy info

The SEC has gotten on Mark Hurd's case, with an investigation that will look into whether the former HP boss passed on information about the acquisition of EDS to his nemesis, Jodie Fisher. The Wall Street Journal cites its favourite source – people familiar with the matter – to report that the inside information issue is part …
Joe Fay, 21 Dec 2010
The Register breaking news

HP board cooked Hurd's goose before settlement

The drip, drip of spin from HP continues with sources telling the media that HP's board of directors had decided to ditch chief exec Mark Hurd before he reached a private agreement with Jodie Fisher over sexual harassment allegations. These latest claims are in opposition to claims earlier this week that the board felt snubbed …
John Oates, 19 Aug 2010
The Register breaking news

Shareholders sue HP over Hurd's sex scandal probe

HP faces a lawsuit over the departure of Mark Hurd from shareholders angry at the massive payoff he received and accusing the board of failing in their legal duties. Hurd was allowed to resign as CEO last week after an investigation into sexual harrassment allegations uncovered false expenses claims. He walked away with a $12.2m …
The Register breaking news

Ex-actress 'accused Hurd of leaking HP's EDS buy'

When Mark Hurd resigned as HP CEO in early August, he stood accused not only of sexually harassing HP contractor and former soft-porn actress Jodie Fisher, but also of passing her insider information. According to The Wall Street Journal, a June 29 letter to Hurd from Fisher's lawyer said that "Hurd told her of HP's intention to …
Cade Metz, 07 Nov 2010

HP gets 'Playboy model and the ex-CEO' lawsuit kicked out ... AGAIN

A lawsuit against HP over alleged violations of an internal ethics code relating to ex-CEO Mark Hurd’s alleged misbehaviour has been dismissed once again after shareholders failed to make their case. The shareholder plaintiffs alleged securities fraud for the second time, claiming that back in 2006 when HP adopted a “Standards …
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Hurd snubbed HP board to settle claims

The board of HP felt snubbed by Mark Hurd's solo efforts to settle a sexual harassment case brought by contractor Jodie Fisher. Hurd and Fisher reached agreement on 4 August without the knowledge or support of the board of directors at HP. The next day there was meant to be a mediation meeting between the two and their lawyers …
John Oates, 16 Aug 2010
For Sale sign detail

HP's Hurd set to join Oracle

Mark Hurd, pushed from the top job at HP after allegations of sexual harassment and misfiling of expenses, is about to get a board post at Oracle. Although neither the company nor its founder Larry Ellison would comment on the record a vote is expected within the next few days, according to both the FT and the Wall Street …
John Oates, 06 Sep 2010
Columns of coins in the cloud

Oracle hires former SAP exec for cloudy push

Oracle has bagged itself a global head to manage the cloudy portfolio just a week after chief techie and erstwhile CEO Larry Ellison talked up the bets the company is placing behind the as-a-service model. The database titan has hired SAP’s former president of global cloud and line of business Shawn Price, after the German …
Paul Kunert, 12 Oct 2014
homeless man with sign

HP's Hurd quits quickly on sexual harassment probe

HP boss Mark Hurd has resigned suddenly following allegations of sexual harassment. Hurd quit the $17m-a-year chief executive, chairman, and president post on Friday immediately following an investigation into claims of sexual harassment brought by a former HP contractor. HP said there'd been no violation of its sexual …
Gavin Clarke, 06 Aug 2010

Ellison blasts HP 'idiots' for Hurd's exit

Larry Ellison has ridden to Mark Hurd's defense and unleashed on HP's board for dropping its CEO following an investigation for sexual harassment. In a rare display of top-earner solidarity, Ellison slammed the board as "idiots" that failed to act in the best interests of HP's employees, shareholders, and partners by forcing …
Gavin Clarke, 09 Aug 2010

Oracle, the King of Cloud? Maybe in Ellison's world

Analysis Oracle's executive team spent most of its second-quarter earnings conference call on Wednesday talking about its cloud business – which made sense, since that was the only part of the business that showed significant growth. As in last quarter's call, the trio of Safra Catz, Larry Ellison, and Mark Hurd chirped away about the …
Neil McAllister, 18 Dec 2014
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HP drops fight to block Hurd's Oracle hire

OpenWorld Mark Hurd can officially work for Larry Ellison, now that HP has called off its lawyers. HP revealed Monday that it settled its legal action against Hurd on September 10, three days after filing suit in a Californian court to stop Hurd from spilling trade secrets to Ellison. Terms of the settlement are confidential, but HP said …
Gavin Clarke, 20 Sep 2010
The Register breaking news

HP sues Hurd to keep secrets from Ellison

Updated Hewlett-Packard has sued disgraced former chief executive Mark Hurd in an effort to stop him joining Oracle. The world's largest PC marker claims that in joining Oracle, Hurd would breach confidentially agreements signed at HP and may reveal trade secrets and confidential customer information. HP – which went to court on …
Gavin Clarke, 07 Sep 2010
Shot of HP CEO Mark Hurd at press conference

What is Mark Hurd working on?

Blocks and Files Look, this is off the wall, and I'm putting together an absence from the public eye and thoughts from a couple of sources - and maybe wishful thinking - but, here we go; what is Mark Hurd working on at Oracle? The Hurdster has been absent from public engagements for a couple of months it seems. He gets recruited …
Chris Mellor, 16 Mar 2011
management cloud2

Leading like Mad Leo: HP's Whitman rolls out Apotheker's PC plan

There’s something in the water at Hewlett-Packard. No, I’m not referring to the "HP Way", that pseudo-Victorian philanthropic work creed. It’s the propensity for those running this tech giant to make really big bets — multi-billion-dollar rolls of the dice have become standard operating procedure. Three of HP’s most recent …
Gavin Clarke, 07 Oct 2014
Larry Ellison's keynote at Openworld 2014

Larry: Oracle's now a CLOUDY biz. Ignore everything I said before

Despite once declaring that the cloud was “complete gibberish”, “insane” and “idiocy”, former Oracle head honcho Larry Ellison has announced that the firm is now ready to be the foundation of the cloud for its customers. Larry Ellison speaking at Oracle Openworld yesterday (28th September) Speaking at the company’s Openworld …
hands waving dollar bills in the air

HP contractor 'surprised and saddened' by Hurd sacking

Mark Hurd's nemesis is a former soft porn actress and a reality TV wannabe and she is "surprised and saddened" by his enforced departure from HP. And she has privately settled her sexual harassment claim with him. In a statement released on Sunday by her attorney, the celebrity lawyer Gloria Allred, Fisher said: "I was …
Drew Cullen, 09 Aug 2010
Oracle co-president Mark Hurd explaining the Platinum service level price

Oracle raids HP enterprise biz to find global channel chief

Oracle has filled the void at the top of its channel organisation after president Mark Hurd raided his previous employer HP by sweet-talking its Americas enterprise boss Rich Geraffo into jumping ship. The position lay vacant ever since well-respected channel figure and Oracle veteran Judson Althoff upped sticks in March for …
Paul Kunert, 16 Oct 2013
The Register breaking news

Ellison taps ex-HP CEO Hurd as Oracle co-prez

Ex-HP CEO Mark Hurd has been named co-president at Oracle. Maybe Charles Phillips, one of the two former co-presidents of software giant and hardware wannabe Oracle, should have spent more time on the tennis courts with founder and CEO Larry Ellison and less time in the office. The strategy seems to have worked well for Hurd. …
Broken CD with wrench

Hurd to take $950,000 salary after Oracle pay cut

Mark Hurd will take a 25 per cent pay cut to work for Larry Ellison — if HP fails in its legal maneuver to block the Oracle CEO's audacious hire. Ellison has offered HP's former chief a salary of $950,000 as an Oracle president and board member — stratospheric by mortal standards, but down from Hurd's $1.27m take at HP. Hurd …
Gavin Clarke, 08 Sep 2010
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HP and Oracle avoid blows over disgraced Hurd

OpenWorld Hewlett-Packard and Oracle have sidestepped their feud over disgraced CEO Mark Hurd on the opening of the database giant's annual OpenWorld conference in San Francisco. HP enterprise business executive vice president Ann Livermore opened OpenWorld in a Sunday evening keynote that emphasized how much business her company performs …
Gavin Clarke, 20 Sep 2010

Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes

When it comes to soundbites, Oracle chief executive Larry Ellison is a pro. Reporters show up not just to hear what he says, but how he says it. Bill Gates, Microsoft, SAP, IBM, cloud, yachting, his own phenomenal success – all have been subject to Ellison's barbs and meditations. Scheduled or off-the-cuff, his words turned a …
Gavin Clarke, 22 Sep 2014
The Register breaking news

HP reported close to naming Hurd successor

Somebody has to stop Hewlett-Packard before it acquires another company for billions of dollars again, and the word on the street is that the IT giant is getting set to do that soon. Possibly as early as next week. Bloomberg reported Friday that HP's board of directors could announce a successor to Mark Hurd, now co-president at …
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HP hires headhunter to replace Hurd

Flummoxed IT giant Hewlett-Packard has hired executive search firm Spencer Stuart to help it quickly and quietly find a new chief executive officer, after Mark Hurd resigned amid a sex and expense reporting scandal on 6 August. The headhunting firm was established in 1956 and is a privately held partnership with expertise in …
Steve Ballmer as Doctor Evil

Oracle brass past and present tapped for Microsoft CEO - report

Two Oracle execs past and present have joined the list of top industry chiefs who’ve been approached to become the next Steve Ballmer. The software giant’s current hardware chief and former Hewlett-Packard CEO Mark Hurd has joined a a list reported by the Wall St Journal of eight Redmond outsiders approached by a Microsoft power …
Gavin Clarke, 14 Oct 2013
Larry Ellison, photo by Oracle Corporate Communications

Why Oracle CEO Larry Ellison had to go ... Except he hasn't

Analysis What's the difference between God and Larry Ellison? God doesn't think he's Larry Ellison. So goes the title of Mark Wilson's 2003 biography on Ellison, Oracle's now former chief executive – a man who by force of will forged a multi-billion dollar software empire. In the process, Ellison became not just the best-rewarded CEO on …
Gavin Clarke, 19 Sep 2014
cloud

Hurd's HP legacy: Dell racer, IBM chaser

Somewhere in California, Carly Fiorina must nearly have choked to death from laughter while stumping for a US Senate seat as news of her successor's sudden departure broke following a sexual-harassment probe. It has not been an easy five years for Mark Hurd, the former president, chief executive officer, and chairman of HP, the …
hand with thumb up

Verizon calls 1-800-Oracle, orders a database, Fusion cloud meal deal

As far as some developers are concerned, a marriage between massive telco Verizon and proprietary software king Oracle measures somewhere between mandated use of Windows ME and a ban on home working. But, undeterred by such naysayers, the two giants have teamed up to load Oracle's Database and Fusion Middleware onto the recently …
Jack Clark, 10 Jan 2014

Oracle makes Sun-sized $5bn grab for Micros Systems

Oracle is buying systems maker and consulting shop Micros Systems for $5.3bn to counteract the slowdown in its hardware and software business. The giant Monday confirmed reports it is buying Micros, which builds and delivers integrated systems including point of sale systems for the retail and hospitality sectors. Oracle …
Gavin Clarke, 23 Jun 2014

HP's Machine and IBM's $3bn R&D splash – aka how to survive Google

Comment IBM and HP are trying to invent their way out of severe problems that lurk in their future. Both companies face slowing sales in some of their traditional high-margin areas, like enterprise servers and other on-premises hardware. And both are having a tough time converting existing business divisions over to selling the high- …
Jack Clark, 23 Jul 2014
The Register breaking news

What does the Hurd mentality bring to Oracle?

Comment It's going to be a long time before Oracle can take on the likes of HP and IBM for the IT-market crown. But before he retires, you can bet Larry Ellison's last billion bucks that he most surely wants to become the dominant systems supplier in the data center. This goal is not as unattainable as it might seem, especially now that …

Did Hewlett-Packard overreact on Hurd's Fishergate?

Comment After its tumultuous time under president and chief executive Carly Fiorina followed by the journalist spying scandal that cost chairman Patricia Dunn her job, you can't blame Hewlett-Packard's board for being a little jumpy about a sex scandal and padded expenses. Or maybe you can, especially if cutting the cord on CEO, …

Oracle unzips plan to wave cloud erections at Canadians, Germans

Oracle has announced plans to open a handful of new data centers to spur its cloud service in North America and Europe. The tech goliath said that by the middle of next year it will bring four additional facilities online that will run a variety of Oracle application-as-a-service offerings. The data centers will be set up in …
Shaun Nichols, 13 Nov 2013

Oracle loses appeal in HP row over Itanium

Oracle's last-ditch effort to wriggle out of a judgment requiring it to continue support for HP's Itanium-based servers has failed, leaving only the issue of damages to be resolved. In August 2012, a San Jose, California court ruled that Oracle had violated the terms of its contract with HP when it announced that it would no …
Neil McAllister, 01 Feb 2013
The Register breaking news

HP's Hurd appoints old mate to ethics officer

HP has appointed a new chief ethics officer to replace Kevin Hunsaker whose role in overseeing the morality and legality of snooping on board members ended with his resignation to face criminal charges. Jon Hoak started as HP's vice president and chief ethics and compliance officer from 11 October. He will be responsible for: " …
John Oates, 13 Oct 2006

Oracle posts flat revenues on slow software sales

Oracle execs were quick to talk up the company's cloud efforts during its Q4 2013 earnings call on Thursday, but slow software sales disappointed investors and sent Oracle's shares tumbling in after-hours trading. Total revenues for the fourth quarter of Oracle's fiscal 2013 were flat at $10.9bn when compared to the same period …
Neil McAllister, 20 Jun 2013
Flag United States

HP's Hurd points out flat and spotty US in Q3

HP boss Mark Hurd sketched out a "flattish" picture of the US market, but confirmed the company was seeing worldwide growth as he aired third quarter earnings yesterday. Hurd also offered a couple of crumbs of detail on his ambitions for EDS – once the services giant has been borged by HP – and gave Wall Street analysts a …
Joe Fay, 21 May 2008

HP UK boss sent down ... under (yes, he's going to Australia)

Centuries after some of Britain's less-law-abiding sorts started settling in Australia, the good folk down under are ready to welcome another Pom to their ranks. HP UK and Ireland boss Nick Wilson is set to emigrate. Staff were today told that Wilson is leaving for pastures new and from 1 November will be HP's general manager of …
Paul Kunert, 16 Sep 2013
The Register breaking news

HP rings up Hurd's final quarter

Mark Hurd, the ousted president, chief executive officer, and chairman of IT giant Hewlett-Packard, turned in a decent final quarter. In the quarter ended July 31 – only a week before Hurd was shown the door for becoming embroiled in a sexual harassment lawsuit with a consultant that was hired to be a greeter at HP events and …