It’s only been a little over a year since former HP CEO Mark Hurd resigned in a hailstorm of innuendo and disgrace, but — with HP having had two CEOs and the webOS saga since then — it already feels like ancient history. So this, er, blow by blow of sexual harassment charges dug up by AllThingsD? Strictly for you lovers of antiquities. And late-night hotel room propositions.
The Mark Hurd saga has taken a not-unpleasant turn: the suit that his former employer, HP, levelled at his new employer, Oracle, has been resolved. Hurd has apparently agreed to waive half his separation compensation in the settlement.
Earlier we heard that HP is suing its former CEO, Mark Hurd, to protect trade secrets. Now we’re hearing the harsh response coming from Hurd’s new employer, Oracle:
Mark Hurd, the former HP CEO who was ousted last month amidst allegations of sexual harassment, just got a new job title: Co-President of Oracle. Shortly thereafter, he got slapped with a civil complaint from his former employer who says that his new position will necessarily require him to divulge HP trade secrets:
Following Reuters’ sources-led report on Oracle offering former HP top man Mark Hurd a job, the Wall Street Journal has confirmed it. Hurd will be co-president of the Oracle brand (reporting to his public supporter CEO Larry Ellison) and will sit on the board of directors. He’ll share co-presidency duties with Safra Catz, now that Charles Phillips has resigned. [WSJ]
After Oracle CEO Larry Ellison blasted HP for ousting disgraced CEO Mark Hurd, he reportedly did what comes naturally to men of his stature and disposition: He offered the man a job.
Details continue to trickle out of HP’s Mark Hurd-shaped wound, with a “person close to the investigation” telling the Associated Press that Jodie Fisher claimed sexual harassment charges after she ceased receiving work offers from HP following her rebuffal of Hurd’s sexual advances.
Sure, her Playboy spread was pretty sexy, but a CEO really shouldn’t be Googling* one of his hired marketing contractors whilst on the job. Computer analysis of Mark Hurd’s computer has discovered he watched some of Fisher’s saucy videos.
A lawsuit has been filed against the HP board of directors on behalf of a HP shareholder. The suit is alleging that the directors “violated their fiduciary duties in connection with the events surrounding the resignation” of former CEO Mark Hurd:
