Hurd-Oracle move is confirmed

In a dramatic move this morning it was confirmed that Mark Hurd will join Oracle as president, and has been named to Oracle’s Board of Directors. Reports that the ex-HP chief executive has been in talks with Oracle executives had been widely circulated yesterday.

Hurd will report directly to Oracle founder and CEO Larry Ellison.

“Mark did a brilliant job at HP, and I expect that he will do even better at Oracle,” Ellison says. “There is no executive in the IT world with more relevant experience. Oracle’s future is engineering complete and integrated hardware and software systems for the enterprise. Mark pioneered the integration of hardware with software when Teradata was a part of NCR.”

“Mark is an outstanding executive and a proven winner,” adds Oracle president Safra Catz. “As Oracle continues to grow we need people experienced in operating a $100bn business.”

A bullish Hurd told technology media: “Oracle’s strategy of combining software with hardware will enable [it] to beat IBM in both enterprise servers and storage.”

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