Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a statement on Monday. Phillips was co-president alongside Safra Catz, who remains in her role.More info at Reuters.
Ellison had slammed HP's decision to oust Hurd, calling the actions of HP's board "cowardly.
Hurd resigned from HP on August 6, after a probe into sexual harassment allegations. HP said at the time that he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd's office from 2007 through 2009.
Oracle hires Mark Hurd as president
Posted on Tuesday, September 07 2010 @ 12:45 CEST by Thomas De Maesschalck