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