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Businesses

Former HP CEO Selected As Oracle Co-President 133

theodp writes "Late on Monday, Oracle announced that ousted HP CEO Mark Hurd has joined the company as a co-president and a director. Hurd resigned from HP a month ago, after an investigation by the board into a personal relationship with a contractor turned up questionable expenses. Oracle CEO Larry Ellison, a personal friend of Hurd, criticized HP's board at the time, saying it was 'the worst personnel decision since the idiots on the Apple board fired Steve Jobs.' 'Mark did a brilliant job at HP and I expect he'll do even better at Oracle,' Ellison said in a statement Monday. 'There is no executive in the IT world with more relevant experience than Mark.' Stepping down to make room for Hurd was Charles E. Phillips Jr., who had some personal relationship issues of his own."

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