Hurd confirms Oracle move, takes on IBM

Hurd has joined Oracle as one of its two co-presidents, replacing seven year veteran and ex-Marine Charles Phillips.

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Hurd confirms Oracle move, takes on IBM Mark Hurd has confirmed he is joining Oracle as President.
By  Imthishan Giado Published  September 7, 2010

Following a weekend of rumours, Oracle has confirmed that ex-HP boss Mark Hurd will join the company as co-president. He replaces Oracle veteran Charles Phillips, who worked at the San Francisco firm for seven years.

"Mark did a brilliant job at HP and I expect he'll do even better at Oracle," says Oracle CEO Larry Ellison. "There is no executive in the IT world with more relevant experience than Mark. Oracle's future is engineering complete and integrated hardware and software systems for the enterprise."

"Mark is an outstanding executive and a proven winner," added Oracle co-President Safra Catz. "I look forward to working with him for years to come. As Oracle continues to grow we need people experienced in operating a $100 billion business."

Hurd's first statement as Oracle president set the tone, setting its sights firmly on its rivals.

"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," said Mark Hurd. "Exadata is just the beginning. We have some exciting new systems we are going to announce later this month at Oracle OpenWorld. I'm excited to be a part of the most innovative technology team in the IT industry."

Hurd joins Oracle's board of directors and now reports to directly to Ellison.

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