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HP Sues Mark Hurd Over Oracle Competition




HP Sues Mark Hurd Over Oracle Competition
HP Sues Mark Hurd Over Oracle Competition



http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=227300300 

By Thomas Claburn
InformationWeek
September 7, 2010 

HP said on Tuesday that it had filed a civil lawsuit against former CEO 
Mark Hurd in response to news on Monday that Hurd had been hired by 
Oracle as President and had joined the database company's board of 
directors.

"Mark Hurd agreed to and signed agreements designed to protect HP's 
trade secrets and confidential information," HP said in a statement. "HP 
intends to enforce those agreements."

Hurd was forced to resign in early August following an internal 
investigation of sexual harassment claims brought by a former HP 
contractor and revelations of expense accounting irregularities. Oracle 
CEO Larry Ellison, a friend of Hurd's, called HP's decision to fire Hurd 
"the worst personnel decision since the idiots on the Apple board fired 
Steve Jobs many years ago."

Ellison declared his support for Hurd more directly on Monday in a 
statement announcing Hurd's hiring as Oracle's President. "Mark did a 
brilliant job at HP and I expect he'll do even better at Oracle," said 
Ellison.

That's a view shared by some observers of the industry.

[...]


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