mark hurd

As HP and Apple Show, CEO Succession Planning Is Key

It might be a scandal. Or an illness. Or the CEO could simply quit. Regardless of the cause, major companies can't afford to wait until a sudden crisis dictates the need to find a new CEO. Korn/Ferry's Ana Dutra explains.

Hurd's Salary as Oracle President: $950,000

Mark Hurd will receive an annual salary of $950,000 and a bonus of as much as $10 million for fiscal 2011 in his new position as president of Oracle (ORCL), according to a regulatory filing. Hurd, who resigned as CEO of Hewlett-Packard (HPQ) last month over allegations of falsified expense claims, will also have the option to buy 10 million shares in Oracle, and a further 5 million shares in each of the next five years.

HP Sues Ex-CEO Mark Hurd Over New Oracle Job

Hewlett-Packard (HPQ) is suing its former chief executive, Mark Hurd, after news that he will be taking the post of co-president at competitor Oracle (ORCL). HP alleges that Hurd could end up violating confidentiality agreements by accepting the position.

Oracle hires former HP CEO Mark Hurd

Technology giant Oracle has hired as its new president Mark Hurd, the former chief executive of Hewlett-Packard, who resigned amid a scandal. Hurd...

Oracle Hires Mark Hurd as a Co-President

Oracle's Larry Ellison is standing by his man, ex-Hewlett-Packard CEO Mark Hurd. Ellison, who was highly critical of HP's board of directors for showing Hurd the door over a seemingly minor expense-report infraction has hired his friend to become one of Oracle's co-presidents.

Former HP CEO Mark Hurd May Join Oracle

Former Hewlett-Packard CEO Mark Hurd, who was forced out of the company after sexual harassment charges were brought against him, is said to be in talks to join Oracle, the world's largest enterprise software company.

CEOs Who Laid Off More Got Paid 42% More Money

CEOs who cut the most jobs during the recession earned an average of 42% more than their S&P 500 peers, according to a study by the Institute for Policy Studies. Top execs at the 50 firms that laid off the most workers since the economic crisis began averaged nearly $12 million in 2009.

Is Hiring New Workers Really
Too Expensive?

Businesses large and small have complained for years about the cost of doing business. And it's not unusual for them to use the cost of hiring moderate-income workers to illustrate their points. Here's what they fail to mention.

HP Earnings Solid as Tech Giant Looks Beyond Mark Hurd

Scandal-shaken Hewlett Packard reported solid earnings results just days after company CEO Mark Hurd resigned following an sexually-tinged expenses imbroglio. The company's results weren't a surprise because it pre-announced its results after Hurd's departure.

HP Appoints Spencer Stuart to Help Find New CEO

Technology company Hewlett-Packard (HPQ) appointed executive search firm Spencer Stuart to handle all activities involved in the search for a new CEO. The company will consider internal as well as external candidates, HP said in a statement. The board appointed John Hammergren as chair of the search committee. The committee also includes Marc Andreessen, Lawrence Babbio Jr, and Joel Hyatt.

Details Emerge on Former HP CEO Sexual Harassment Allegation

Details have emerged of the sexual harassment allegations that led to the resignation of former Hewlett-Packard (HPQ) CEO Mark Hurd. Jodie Fisher, the former HP marketing contractor who made the allegation, claimed she lost work from the company because she did not have sex with Hurd, Reuters reported without naming its sources.

HP Bribery Probe Intensifies

The Justice Department, which has been investigating bribes Hewlett-Packard allegedly paid in Russia, has asked the company to voluntarily turn over internal records.

HP's Management Crisis: Where Rivals Have Openings

Although HP's rivals have been quiet, the Mark Hurd fiasco has to smell like blood in the water around Silicon Valley. Where exactly might HP be most vulnerable? And where might it still hold an edge? Here's a business-by-business rundown.

HP Board Blindsided by PR Campaign on Hurd's Behalf

The board of Hewlett-Packard Co (HPQ) was blindsided by the public relations campaign waged on behalf of former CEO Mark Hurd, who resigned last week over alleged ethics violations. Hurd, who collected a $12.2 million cash payment as part of his separation, hired Los Angeles-based public relations firm Sitrick & Co. days before quitting, The Wall Street Journal reported without naming its sources. Sitrick is known for handing crisis communications for big names such as celebrity Paris Hilton.

HP After Hurd: Just Break Up the Bloated Beast

Ex-CEO Mark Hurd built HP into a sprawling, ungainly mishmash of tech companies, on "one-stop-shop" for info tech that few companies are clamoring for. It's probably better off chopped into three smaller companies that could manage growth more easily on their own.

Jodie Fisher's Peculiar Relationship With HP

Jodie Fisher, the woman at the center of the Hewlett-Packard scandal, has already used up about 10 minutes of her 15 minutes of fame. But there are many unanswered questions in this sordid tale that should disturb investors.

Analysts: Todd Bradley is Favorite to Succeed Mark Hurd at HP

In the wake of Mark Hurd's resignation, HP's board now must assemble a list of possible candidates both from inside and outside the company. Some analysts call Todd Bradley, executive VP of HP's Personal Systems Group -- the $42 billion mobile and PC business -- the odds-on favorite.

Mark Hurd's Mixed Performance as HP's CEO

While the stock price doubled under his leadership -- from $21 to below $42 -- and his departure sliced off 10% of its value, there seems to be a gap between HP's net income growth and the slide in its cash position while Hurd manned the helm.