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Embattled exec joins as president

Oracle hires ex-HP boss Mark Hurd

Oracle has hired Mark Hurd as its president, following reports that the former Hewlett-Packard CEO had been in talks with the firm.

Hurd has also been appointed to Oracle’s board of directors. In his new role, he will report to CEO Larry Ellison.

“Mark did a brilliant job at HP and I expect he’ll do even better at Oracle,” said Ellison. “There is no executive in the IT world with more relevant experience than Mark. Oracle’s future is engineering complete and integrated hardware and software systems for the enterprise. Mark pioneered the integration of hardware with software when Teradata was a part of NCR.”

Hurd left his position as CEO of HP last month after an internal investigation concluded that he had engaged in a personal relationship with a contractor hired by the company and had filed improper expense reports.

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