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Mark Hurd
American businessman (1957–2019)
Mark Hurd | |
|---|---|
Hurd at Oracle in 2010 | |
| Born | Mark Vincent Hurd (1957-01-01)January 1, 1957 Manhattan, New York, U.S. |
| Died | October 18, 2019(2019-10-18) (aged 62) |
| Education | Baylor University |
| Occupation | Business executive |
| Title | Co-CEO of Oracle Corporation |
| Spouses | Elizabeth Butler (m. 1980; div. 1987)Paula Kalupa (m. 1990) |
| Children | 2 |
Mark Vincent Hurd (January 1, 1957 – October 18, 2019) was an American technology executive who was CEO of Oracle Corporation. He had been chairman, chief executive officer, and president of Hewlett-Packard, before his forced resignation in 2010. He was also on the board of directors of Globality and a member of the Technology CEO Council and board of directors of News Corporation until 2010.
Early life and education
Hurd was born in New York City, the son of Teresa A. (Fanoni), a debutante, and Ralph Steiner Hurd, a financier. He graduated from The Browning School, in NYC, in 1974. In 1979, Hurd graduated with a Bachelor of Business Administration from Baylor University, in Waco, Texas. He received a tennis scholarship to attend Baylor University and was a member of Phi Delta Theta.
Career
NCR (1980–2005)
Hurd spent 25 years at NCR Corporation, culminating in a two-year tenure as chief executive officer and president. He was named president of NCR in 2001 and was given additional responsibilities as chief operating officer in 2002. He began working for NCR as a junior salesman in San Antonio in 1980 after Rodney Gray hired him and subsequently held a variety of positions in general management, operations, and sales and marketing. He also was head of the company's Teradata data-warehousing division for three y
Oracle co-CEO Mark Hurd dies at 62
Mark Hurd, whose career included chief executive roles at three major technology companies including Oracle Corp., has died. He was 62.
Larry Ellison, Oracle’s chairman, confirmed his passing Friday.
“It is with a profound sense of sadness and loss that I tell everyone here at Oracle that Mark Hurd passed away early this morning,” Ellison wrote in an online post. “Mark was my close and irreplaceable friend, and trusted colleague. Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle.”
Hurd was co-CEO at Oracle with Safra Catz. He focused on sales, marketing and press and investor relations, while she ran finances and legal matters. Oracle announced Sept. 11 that Hurd had begun a leave of absence for unspecified health reasons and that Catz and Ellison would assume his responsibilities during his leave. The company couldn’t immediately be reached for comment Friday.
Hurd began his career in 1980 as a salesman for National Cash Register Corp. (now NCR), then rose through the ranks to the CEO post. In 2005, he was hired away as CEO by Hewlett-Packard Co., then the world’s biggest personal-computer maker. He resigned from HP when it determined he violated company standards by filing inaccurate expense reports to conceal a personal relationship with a contractor.
Hurd joined Oracle as a co-president in 2010. During his tenure there, Hurd produced solid revenue and profits as the Redwood City, Calif.-based company’s stock price hit a historic high in 2019. He was also a key driver in Oracle’s turn from an old model of licensing software toward the use of cloud computing, a burgeoning business dominated by rivals Amazon.com Inc. and Microsoft Corp.
When he hired Hurd, Ellison said, “There is no executive in the IT world with more relevant experience than Mark.” Ellison described Hurd’s dismissal by HP as the “worst personnel decision since the idiots on the A Subscribe Newsletters This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.Have an account? . 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: Source: Mark Hurd is Chief Executive Officer, President and Chairman of HP’s Board of Directors. He’s an alumnus of Baylor’s Hankamer School of Business. HP is a technology solutions provider for consumers, businesses and institutions globally. The company’s offerings are in IT infrastructure, global services business and home computing, imaging, and printing. With over 150,000 employees and one billion customers worldwide, last year’s revenues totaled $91.7 billion. Earlier this year, Hurd was given the Baylor Business Legend award from the Houston Baylor Business Network. Baylor University Q1. Tell us a little bit about your Baylor experience and how it shaped you. I came to Baylor on a tennis scholarship. I carried a full academic load and was in a fraternity. I think all of that – carrying the academic load, being a scholarship athlete, trying to be part of a fraternity – taught me the value of time and organization. I didn’t have a lot of time. I had a lot of things I wanted to get done while I was there, and it caused me to learn to discipline myself. Frankly, my days at Baylor were not too different from my days as part of a company. I had to manage my time. I had to divide it into certain pieces so that I’d get as much done as I possibly could. And I had to have the discipline to stay focused on the most important things that needed to get done. Q2. Do any professors or programs stick out in your mind as being influential on your career? While at Baylor, I had a professor who had a positive influence on me. Dr. Clifton Williams taught a course on leadership and management and spent a lot of time talking about the difference between the two. We discussed the importance of developing people to become leaders and about the importance of leader’s role in aligning an organization to execute against a plan. What I learned from Dr. Williams has stuck with me 27 years later an The life and career of Mark Hurd, the CEO of Oracle who has died at age 62
Mark Hurd was born on January 1, 1957, in Manhattan, New York.
Q & A with Mark Hurd