Oracle CEO Larry Ellison Disapproves Of Mark Hurd’s Exit

August 10th, 2010 - 8:38 pm ICT by GD  

By Gina Gomez
oracleAug 10, (THAINDIAN NEWS) Oracle CEO Larry Ellison has disapproved of Mark Hurd’s resignation and called the decision to be a grave mistake on the part of HP officials. Last Friday, Hewlett-Packard’s former chief executive officer Mark Hurd was forced to resign from his post which stunned the whole business world. Larry Ellison, who is also a friend of Mark Hurd released a statement on Monday where he said that the HP has made its worst “personnel decision” in firing Mark Hurd from the company.

In the statement Larry Ellison recalled a similar incident when Apple Board fired Steve Jobs many years ago, he also added that the company was almost on the state of shutdown when Steve Jobs came back and “saved them”. In his email sent to a reputed media source Larry Ellison also mentioned that after losing Mark Hurd the HP board had failed to act in the “best interest” of the company and its officials. The Oracle CEO also called this act as ignobly timid “corporate political correctness” as given the allegations of Jodie Fisher, the company found out that Mark Hurd did not violate the sexual harassment policy of the company.

Mark Hurd was forced to resign from his post when HP found out that he had filed inaccurate expense reports in order to conceal his relationship with Jodie Fisher. The Oracle CEO said with Mark Hurd’s exit the company officials, shareholders, customers and even the partners of the company would be adversely affected. Larry Ellison called it an untrue sexual harassment assertion and commented that it shows bad corporate “governance”. The Oracle CEO also mentioned that through the falsifying expense accounts HP is trying to explain something in public which is in real sense “unexplainable”.

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