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WASHINGTON: 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.
Oracle said the company's other co-president, Charles Phillips, was leaving the company and stepping down from the board of directors.
"When Charles approached me last December and expressed his desire to transition out of the company, I asked him to stay on through the Sun integration which has gone well," Ellison said. "We will miss his talent and leadership, but I respect his decision."
Oracle completed its acquisition of Sun, a one-time Silicon Valley star and developer of the popular Java programming language, on January 27.
Hurd said he was "excited to be a part of the most innovative technology team in the IT industry."
"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," he said.
Meanwhile, HP has filed a suit against former chief executive Mark Hurd on Tuesday after he was named a co-president at US business software giant Oracle.
In a civil complaint filed in California Superior Court, HP said that Hurd would be putting the company's "most valuable trade secrets and confidential information in peril" by working at Oracle.
HP's suit said Hurd had been paid "millions of dollars in cash, stock and stock options" in exchange for agreeing to "protect HP's trade secrets and confidential information during his employment and following his departure."
"HP intends to enforce those agreements," the company said in a statement.
HP's suit charged that "in his new positions, Hurd will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP's trade secrets and confidential information to others."
HP asked the court to prevent Hurd from holding a position at a competing company.
-AFP/wk/fa
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