Open

Coming up

Don't miss

Replay


LATEST SHOWS

IN THE PAPERS

Germany's World Cup title

Read more

FASHION

Paris, Haute Couture Fall/Winter 2014-2015

Read more

BUSINESS DAILY

Farnborough air show takes off but F-35 jet is grounded

Read more

IN THE PAPERS

Bastille Day celebrations

Read more

TOUR DE TECH

Read more

AFRICA NEWS

Ebola death toll increases in Sierra Leone

Read more

MEDIAWATCH

Finally, a good use for new app "Yo"

Read more

TALKING EUROPE

Viviane Reding, MEP, European People's Party

Read more

TALKING EUROPE

Schulz returns to Parliament presidency: back to business as usual?

Read more

  • Live: France celebrates Bastille Day

    Read more

  • In pictures: 2014 World Cup historic moments

    Read more

  • Boules and booze: Bastille Day à la New Yorkaise

    Read more

  • Kremlin mulls 'retaliatory strikes' after death of Russian civilian

    Read more

  • Senegal honours the soldiers who fought for France in WWI

    Read more

  • Clashes erupt in Paris as thousands march to support Palestinians

    Read more

  • Operations underway to refloat shipwrecked Costa Concordia

    Read more

  • Germany defeat Argentina 1-0 to win fourth World Cup title

    Read more

  • Paris’s Bastille Day fireworks ‘a homage to victims’ of WWI

    Read more

  • Thousands flee northern Gaza after Israeli warning

    Read more

  • Major differences remain as deadline looms in Iran nuclear talks

    Read more

  • Rival Libyan militias exchange heavy fire at Tripoli airport

    Read more

  • French military to extend Mali 'counterterrorism' operations into Sahel

    Read more

  • Legendary conductor Lorin Maazel dies aged 84

    Read more

Business

Former Hewlett-Packard CEO given second life at Oracle

©

Text by News Wires

Latest update : 2010-09-07

Former Hewlett-Packard chief executive Mark Hurd has resurfaced as the new co-president of software giant Oracle, a month after resigning from HP amid lingering charges of sexual harassment.

AFP - Former Hewlett-Packard chief executive Mark Hurd, who resigned last month following a sex scandal, has joined US software giant Oracle as its new co-president, The New York Times said Monday.

Hurd joined Oracle as president and as a director, the Times report said.

"Mark did a brilliant job at HP and I expect he'll do even better at Oracle," Oracle CEO Larry Ellison said, according to the report.

"There is no executive in the IT world with more relevant experience than Mark."

Ellison, who founded the company in 1970, Larry Ellison, remains in the top post and is the company's largest shareholder.

Hurd, 53, resigned last month after former marketing contractor Jodie Fisher accused him of sexual harassment, amid claims he hid the affair through filing false company expense reports.

Oracle, a business software giant that rivals HP's market share in that field, is almost as profitable as HP, earning 6.1 billion dollars in the last fiscal year compared to HP's 7.7 billion dollars in the same time period.

Date created : 2010-09-07

  • COMPUTER INDUSTRY

    HP trumps Dell's improved bid for 3PAR

    Read more

  • COMPUTER INDUSTRY

    Hewlett-Packard eyes Chinese market with 3Com deal

    Read more

  • TECHNLOGY

    HP aims at fully automated data centers, cutting 9,000 jobs

    Read more

Comments

COMMENT(S)