 "Oracle Offers Job To Ex-HP CEO Hurd")
Oracle has offered a job to Mark Hurd, the former Chief Executive of Hewlett-Packard who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation.
The source said a final decision has not yet been made. Oracle was not immediately available for a comment. Hurd resigned on Aug. 6, after a probe into sexual harassment allegations.
It was unclear what job Hurd was offered. On Aug. 9, Oracle CEO Larry Ellison, in a letter, slammed HP’s decision to oust Hurd, his close friend, calling the actions of HP’s board “cowardly.”
Shares of HP are down 13 percent since Hurd’s resignation. Plucked from relative obscurity to head HP, Hurd is credited with resuscitating the technology giant by cutting costs and pursuing ambitious acquisitions. HP said the expense reports were meant to hide a “close personal relationship” with Fisher.
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