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18-10-2019 21:32:19

The life and career of Mark Hurd, the CEO of Oracle who has died at the age of 62

Mark Hurd, CEO of Oracle, died on Friday. The 62-year-old chief executive had been on medical leave from the company since September. Before joining Oracle, Hurd was the chairman, CEO, and president at Hewlett-Packard. He resigned in 2010 amid allegations of sexual harassment surfaced against him. He was widely credited with the company’s dominance in computing hardware during his tenure. Hurd began his career at NCR Corp., where he worked for 25 years and eventually rose to occupy the CEO chair. Here’s a look back at the life and career of Mark Hurd. Visit Business Insider’s homepage for more stories. Mark Hurd, one of Oracle’s two CEOs, died on Friday at age 62. Hurd led the database giant with Safra Catz since 2014, though he had announced a medical leave of absence in September. He and Catz had been hired by then-CEO Larry Ellison as copresidents of Oracle in 2010, before taking over as joint CEOs when Ellison stepped aside.Read More: Oracle employees and tech workers mourn CEO Mark Hurd, who died at the age of 62 Hurd spent most of his career at NCR Corp., an enterprise technology company specializing in point-of-sale systems and ATM machines. After 25 years, Hurd had risen to the chief executive role before moving over to run computing giant Hewlett-Packard. He was widely credited with making HP into the dominant player in hardware computing during his tenure, a trait that Ellison highly valued when deciding to recruit Hurd to Oracle in 2010. At Oracle, he was known for spearheading its push into the cloud, playing a major role in its growth.Here’s a look at the life and career of Mark Hurd:Mark Hurd was born on January 1, 1957, in Manhattan, New York.Foto: sourceReutersSource: BloombergHe attended Archbishop Curley-Notre Dame High School, in Miami, Florida. He graduated in 1975.Foto: sourceDaniel Korzeniewski/ShutterstockSource: Archdiocese of MiamiHe attended Baylor University in Waco, Texas, on a tennis scholarship (where he later had a tennis center named after him). He graduated with a degree in business administration in 1979.Foto: Baylor University’s Hurd Tennis CentersourceBaylorSource: San Francisco ChronicleAfter graduation, Hurd became a junior salesman at NCR Corp. in San Antonio, Texas. The company specialized in point-of-sale systems and ATMs.Foto: Mark Hurd in 2005 after being named HP CEO.sourceAPSource: FortuneHurd worked for NCR for 25 years in a variety of roles, including management, operations, sales, and marketing.Foto: sourceJustin Sullivan/Getty ImagesSource: FortuneBy 2001, he was named president of NCR. In 2002, he was named chief operating officer of the organization.Foto: sourceBusiness InsiderSource: FortuneBut perhaps his biggest role was overseeing the company’s Teradata data-warehousing division, which NCR acquired in 1999. The tech-centric role would be key for Hurd’s move into enterprise computing after his tenure at NCR.Foto: sourceThomson ReutersSource: FortuneHe eventually landed the CEO job in 2003, where he remained until 2005.Foto: sourceBusiness InsiderSource: FortuneAfter leaving NCR, Hurd joined computing giant Hewlett-Packard as CEO following Carly Fiorina’s ouster in 2005.Foto: Hurd with Carly Fiorina, pictured right.sourceAPSource: CNNHurd was one of HP’s first CEOs to also hold the title of president, but he was not appointed as chairman of the board of directors until 2006.Foto: sourceReuters/Lucy NicholsonSource: CNNHurd is widely credited with growing HP into the computing powerhouse it became through sales of personal computers, laptops, and home printers. Over five years, including the 2008 recession, Hurd had overseen consistent revenue gains which some attributed to his aggressive cost-cutting strategies.Foto: sourceOracleSource: BloombergDuring his tenure, Hurd was named one of Fortune’s Most Powerful People in Business, San Francisco Chronicle’s CEO of the Year, and one of Forbes’ “top gun” CEOs.Foto: Oracle CEO Mark HurdsourceAPSources: Fortune, San Francisco Chronicle, ForbesHurd eventually resigned from HP in August 2010 after a contractor accused him of sexual harassment. Although an investigation did not find Hurd to be in violation of HP’s code of conduct, it did find irregularities in his expense reports.Foto: sourceJohn Lee/Getty ImagesSource: Wall Street JournalOne month later, Hurd joined Oracle as president with Safra Catz, with the two taking over for Charles Phillips. Hurd also joined Oracle’s board of directors.Foto: sourceWikimedia Commons/ FlickrSource: CNETHurd and Catz were appointed joint CEOs in 2014 by then-CEO Larry Ellison, who had announced he was stepping down and taking the role of Chief Technology Officer.Foto: sourceJustin Sullivan/Getty ImagesSource: USA TodayUnder Hurd and Catz, Oracle completely revamped its sales structure and began the process of moving the business to focus on cloud computing — an area where it’s historically been outstripped by rivals including Amazon and Microsoft.Foto: Mark Hurd co-CEO of OraclesourceOracleSource: FortuneHurd announced that he was taking a medical leave of absence in September 2019, making Catz the sole CEO at Oracle.Foto: sourceBusiness InsiderSource: CNNOn Friday, October 18th, the company announced that Hurd had passed away at the age of 62. He’s survived by his wife, Paula, and two daughters.Foto: Mark and Paula HurdsourceWikipedia/ScubaGuildSource: Business InsiderThe post The life and career of Mark Hurd, the CEO of Oracle who has died at the age of 62 appeared first on Business Insider Nederland.
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