Former HP Chief Offered Job by Oracle
Oracle Corp has offered a job to Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation and also said that a final decision has not yet been made. Oracle was not immediately available for a comment.
Hurd resigned on August 6, after a probe into sexual harassment allegations. HP said he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd’s office from 2007 through 2009.
A separate source had previously told Reuters that Hurd had received job overtures from private equity firms and public companies immediately after his shocking departure from HP, the world’s largest technology company by revenue. It was unclear what job Hurd was offered. On 9th August, Oracle CEO Larry Ellison, in a letter, slammed HP’s decision to oust Hurd, his close friend, calling the actions of HP’s board “cowardly.
Shares of HP are down 13 percent since Hurd’s resignation. Plucked from relative obscurity to head HP, Hurd is credited with resuscitating the technology giant by cutting costs and pursuing ambitious acquisitions.
HP said the expense reports were meant to hide a “close personal relationship” with Fisher, a sometime actress who has appeared in television shows and movies.