Former HP exec Mark Hurd hired as Oracle co-president

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  • Reply 21 of 31
    gqbgqb Posts: 1,934member
    Quote:
    Originally Posted by striker_kk View Post


    To fix ? Seriously?



    Well, while he does have his facts a bit off (Apple/Jobs did not 'buy' disney), Disney actually was a dysfunctional mess under Eisner. What Disney's purchase of Pixar did was

    1) bring Jobs' influence to Disney as largest stockholder, which has clearly been beneficial, and

    2) essentially put John Lasseter in charge to Disney animation, which DID save Disney.
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  • Reply 22 of 31
    Quote:
    Originally Posted by dm3 View Post


    I guess this shows what sort of ethics are acceptable at Oracle.



    Lie about business expenses, have an affair with a contractor and give her money either to keep her quiet or to prime the relationship.



    If the boss thinks embezzlement, fraudulent financial reporting and sexual harassment are ok, what does that say about the existing management at Oracle?





    Could you please give us a few citations about these claims, for instance court proceedings that supports your claims.



    The guy made HP a leaner and more successful company. I think he did well for that company.
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  • Reply 23 of 31
    Quote:
    Originally Posted by DrFreeman View Post


    Could you please give us a few citations about these claims, for instance court proceedings that supports your claims.



    From his former company HP:

    http://www.hp.com/hpinfo/newsroom/pr...0/100806a.html



    An outside source with more details:

    http://www.huffingtonpost.com/2010/0..._n_673858.html



    Pay less attention to the stock price (and any short term gains) and more attention to long term strategy and how he lead the company.

    http://hpphenom.blogspot.com/2010/08/holy-mackeral.html

    http://online.wsj.com/article/SB1000...690877302.html
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  • Reply 24 of 31
    Quote:
    Originally Posted by striker_kk View Post


    To fix ? Seriously?



    I think that is fair. There was nothing wrong with Disney, but they were not really the best anymore. Not that they were doing anything wrong, it is just that the world of cartoons moved to 3D. Eventually it could cause their image to erode.
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  • Reply 25 of 31
    Quote:
    Originally Posted by jasenj1 View Post


    Spiffy, but what does it have to do with Apple? Apple doesn't make a product that competes with Oracle. Oracle's DB doesn't even run on the Mac.



    While a good story for Ars Technica or Slashdot or Wired or a host of other tech blogs, I don't see how this is relevant to an Apple focused news & rumors site.



    - Jasen.



    Well HP is literally right next door to Apple. They are a competitor (and a partner in some areas). I think major news about Apple competitors belong here (with an Apple slant of course).
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  • Reply 26 of 31
    1st1st Posts: 443member
    Quote:
    Originally Posted by jasenj1 View Post


    Spiffy, but what does it have to do with Apple? Apple doesn't make a product that competes with Oracle. Oracle's DB doesn't even run on the Mac.



    While a good story for Ars Technica or Slashdot or Wired or a host of other tech blogs, I don't see how this is relevant to an Apple focused news & rumors site.



    - Jasen.



    But Oracle got Sun=Java. Mark could make it shinning sun all over again. a bit wool over your eyes? hehehe.
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  • Reply 27 of 31
    HP just filed suit against Oracle



    http://www.nytimes.com/2010/09/08/te...l?ref=business



    Personally, I think Oracle made a huge mistake by hiring Hurd. Not just because of the above, but because he comes to Oracle with a cloud over his integrity. There are any number of qualified executives that could run Orcale's Sun Hardware business, including John Fowler Oracle's current VP of Sun Hardware. John is honest, talented, and well-respected respected. Hurd just brings a 'soap opera' mentality to Oracle in my opinion...
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  • Reply 28 of 31
    Quote:
    Originally Posted by karmadave View Post


    Personally, I think Oracle made a huge mistake by hiring Hurd. Not just because of the above, but because he comes to Oracle with a cloud over his integrity. There are any number of qualified executives that could run Orcale's Sun Hardware business, including John Fowler Oracle's current VP of Sun Hardware. John is honest, talented, and well-respected respected. Hurd just brings a 'soap opera' mentality to Oracle in my opinion...



    Yeah, sure, and that's why Oracle's stock price went up by 7% (on a market-adjusted basis), for a gain of nearly $8B.



    This is the best thing to have happened to Oracle shareholders in a while.
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  • Reply 29 of 31
    Quote:
    Originally Posted by dm3 View Post


    I guess this shows what sort of ethics are acceptable at Oracle.



    Lie about business expenses, have an affair with a contractor and give her money either to keep her quiet or to prime the relationship.



    If the boss thinks embezzlement, fraudulent financial reporting and sexual harassment are ok,
    what does that say about the existing management at Oracle?



    Quote:
    Originally Posted by DrFreeman View Post


    Could you please give us a few citations about these claims, for instance court proceedings that supports your claims.



    The guy made HP a leaner and more successful company. I think he did well for that company.



    Quote:
    Originally Posted by Badguy View Post


    From his former company HP:

    http://www.hp.com/hpinfo/newsroom/pr...0/100806a.html



    An outside source with more details:

    http://www.huffingtonpost.com/2010/0..._n_673858.html



    Pay less attention to the stock price (and any short term gains) and more attention to long term strategy and how he lead the company.

    http://hpphenom.blogspot.com/2010/08/holy-mackeral.html

    http://online.wsj.com/article/SB1000...690877302.html



    Wow. It must be nice to construct your own reality. Tell me one quote in any of the links you've provided where Mark Hurd is shown to have "Lie[d] about business expenses, [had] an affair with a contractor and [gave] her money either to keep her quiet or to prime the relationship..." and was accused of " ...embezzlement"!?



    You know, people like you and dm3 should not hide behind the anonymity offered by these types of forums to dish out unsubstantiated dirt.



    That is simply not cool.
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  • Reply 30 of 31
    Quote:
    Originally Posted by anantksundaram View Post


    Yeah, sure, and that's why Oracle's stock price went up by 7% (on a market-adjusted basis), for a gain of nearly $8B.



    This is the best thing to have happened to Oracle shareholders in a while.



    I still think this is a mistake regardless of what the stock price does in the short run. We'll just have to see how this plays out in the long run...
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  • Reply 31 of 31
    Quote:

    Tell me one quote in any of the links you've provided where Mark Hurd is shown to have "Lie[d] about business expenses, [had] an affair with a contractor and [gave] her money either to keep her quiet or to prime the relationship..." and was accused of " ...embezzlement"!?





    He lied

    Quoting Mike Holston - Hewlett-Packard Development Company, L.P. - EVP, General Counsel

    http://phx.corporate-ir.net/External...xUeXBlPTM=&t=1

    Quote:

    The findings of the investigation were as follows. Mark had a close personal relationship with an HP contractor who was hired by the office of the CEO and Mark never disclosed that relationship to the Board of Directors. The investigation revealed numerous instances where the contractor received compensation and/or expense reimbursement where there was not a legitimate business purpose. And the investigation found numerous instances where inaccurate expense reports were submitted by Mark or on his behalf that intended to or had the effect of concealing Mark's personal relationship with the contractor.

    Based on these facts, the Board concluded Mark's conduct demonstrated a profound lack of judgment. As Mark stated himself in the press release, quote, I realized that there were instances in which I did not live up to the standards and principles of trust, respect, and integrity that I have espoused at HP, close quote.



    I never said there was sexual relationship, that was the other guy. It's up to you and your spouse if you classify a close emotional relationship as an affair or not.



    And reportedly he gave her money

    http://www.reuters.com/article/idUSTRE67708320100808

    Quote:

    (Reuters) - Hewlett-Packard Co's former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.



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