Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Mark Hurd, Oracle CEO, has died

Mark Hurd, Oracle CEO, has died

Mark Hurd, CEO of Oracle and former CEO of Hewlett-Packard, two of Silicon Valley's most storied companies, has died. He was 62.

Oracle Founder and Chairman Larry Ellison confirmed Hurd's death Friday.


"Mark was my close and irreplaceable friend, and trusted colleague," Ellison said in a memo to Oracle employees that was posted on Mark Hurd's personal website. "Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle. All of us will miss Mark's keen mind and rare ability to analyze, simplify and solve problems quickly."


Hurd took a leave of absence from Oracle (ORCL) a month ago for unspecified medical reasons. At the time, he said in a message to employees: "I've decided that I need to spend time focused on my health." He had been a chief executive and board director at the company since 2014. He served alongside Safra Catz, who also has the title of CEO. Ellison took over Hurd's responsibilities when he left.


Hurd's Oracle career started in 2010, one month after he resigned as Hewlett-Packard's CEO over sexual harassment allegations. HP claimed that he failed to tell the board about a "personal relationship" with actress Jodie Fisher, who was working as a marketing contractor for the company.


In 2010, Oracle boss Ellison slammed HP for letting go of Hurd, calling it "the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." He then hired Hurd on as president, sharing the position with Safra Catz.


HP (HPQ) later said in a regulatory filing that an outside investigation of the claims "determined that there was no violation of HP's sexual harassment policy, but did find violations of HP's Standards of Business Conduct." Hurd conceded in the HP press release that "there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP."


Hurd walked away from HP with $12 million in cash and a large portion of his stock options.


Arriving at Oracle


Oracle is one of HP's chief rivals, and the companies have a long history of litigation and nastiness. Hurd's appointment ruffled some feathers in Silicon Valley.


HP didn't make it easy for Hurd to make the jump: It sued Oracle in an attempt to stop Hurd from joining. In court documents filed in 2010, HP said it believed Hurd had put its "most valuable trade secrets and confidential information in peril."


But Oracle needed an experienced salesman as Amazon (AMZN), Microsoft (MSFT) and Google (GOOGL) began to grow their cloud computing businesses. That left Oracle's middleware and database products looking particularly outdated.


Since Hurd's arrival, the company has greatly expanded its cloud computing portfolio, although Oracle still trails its competitors by a wide margin. He also started a program to recruit recent college graduates as Oracle salespeople and anticipated the industry's shift toward the cloud.


Hurd was born in 1957 in New York City, on the Upper East Side, according to his personal website. He then moved to Miami for high school. He graduated with a Bachelor's degree in marketing management in 1979 from Baylor University in Texas, where he played tennis and was president of a fraternity.


The tech boss began his career in 1980 at ATM company NCR as a junior salesman. He eventually worked his way up to become CEO in 2003. He became HP's CEO in 2005, replacing ousted CEO Carly Fiorina. Following his jump to Oracle in 2010, he was then promoted to CEO in 2014. He oversaw how Oracle would sell and market products, while Catz handled finance, legal and operations.


Hurd was married to his wife, Paula, for nearly three decades. Paula had worked alongside him at NCR, where she had been a senior executive. They had two daughters and lived in the Bay Area.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
×