SAN FRANCISCO — In naming Mark V. Hurd, the former chief executive of Hewlett-Packard, as Oracle’s new co-president, Lawrence J. Ellison, Oracle’s chief executive and largest shareholder, has put his money where his controversial mouth is.
Late on Monday, Oracle announced that Mr. Hurd had joined the company as a president and a director. Mr. Hurd resigned from H.P. one month ago, after an investigation by the board into a personal relationship with a contractor turned up questionable expense reports.
Mr. Ellison, a personal friend of Mr. Hurd’s, criticized H.P.’s board last month in an e-mail message to The New York Times, saying it was “the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago.”
Now, Oracle intends to capitalize on H.P.’s mistake, Mr. Ellison said.
Full story: Mark Hurd Joins Oracle as Co-President – NYTimes.com