Mark Hurd is back at top
San Jose Mercury News – Sept. 19, 2014
Mark Hurd is back.
Oracle’s decision to make him co-CEO serves as a validation for the executive, who left HP’s top job under a cloud four years ago.
“This is a vindication of Mark’s performance at both Hewlett-Packard and Oracle,” said Joel Hyatt, a former HP board member and co-founder of Current TV. “He’s an outstanding leader and he has done extraordinarily well wherever he has been.”
While it doesn’t appear that Hurd will initially take on any new responsibilities, the CEO titles for Hurd and Safra Catz are a “recognition” of their work, Larry Ellison, Oracle’s long-serving CEO, said in a conference call with analysts Thursday.
Mark Hurd, Oracle’s Master Salesman, Wants Your Business
The New York Times – Oct. 2, 2013
SAN FRANCISCO — Mark Hurd, co-president of the Oracle Corporation, has a big Starbucks coffee in a cold room in the Moscone Center. That’s how he likes a room, cold. He’s focused that way.
Other people can have fuel, too: urns of convention coffee, as well as Pepsi, bottled water, water in pitchers and ice. There is orange juice on more ice. At 8:30 in the morning Mr. Hurd’s security guy packs two spare boxes of Altoids. Mr. Hurd is going through his first box fast, maybe because at the start of another nonstop day there’s already more coffee, and talk.
There is always lots more talk. There are a lot of contracts to win, a lot of people to meet, a lot of common ground to find and needs to address when you’re at Oracle and looking for almost $720 million in revenue a week, every week of the year.
Oracle’s Mark Hurd On How To Win At Big Data And Not Lose
Forbes – Sept. 24, 2013
The rapid, continuous accumulation of data is a huge opportunity for businesses, but there are challenges and even risks for those that don’t get it right. Lack of investment or faulty execution can lead, among other things, to disgruntled customers who have more clout than ever—and are likely to use it.
Twenty-six percent of consumers have posted negative comments about companies and 86 percent have stopped doing business with companies that disappoint them. “The damage that can do to your brand is enormous,” said Oracle President Mark Hurd during the Monday keynote presentation at Oracle OpenWorld 2013 in San Francisco.
Oracle’s Mark Hurd on the cloud, competition, and costs
Fortune – Sept. 23, 2013
Mark Hurd has been co-president of mega-cap technology company Oracle for three years now, having joined shortly after his dramatic exit as CEO of Hewlett-Packard. Hurd’s dramas these days are the more typical business type: Oracle’s coming to grips that it is a giant competing against nimbler upstarts. Oracle faces competition from the likes of Salesforce.com (CRM) and Workday (WDAY) as well as more size-appropriate challengers IBM and SAP. (Oracle makes database software and many applications that run with it; Salesforce and Workday are online-only application makers, with the former focused on sales tasks and the latter on human resources. IBM and SAP have software offerings similar to Oracle’s.)
The incumbents have been scrambling to match the newbies in “cloud” computing, or software that is offered as an Internet service rather than as programs installed on a customer’s computers. Oracle (ORCL) is generally perceived to have been slow to respond to the cloud, having instead pursued an aggressive acquisition strategy that included the unlikely 2010 purchase of server maker Sun Microsystems for more than $7 billion. Moving to the cloud is tough all around for big companies — like turning the proverbial aircraft carrier — in part because Internet software generally costs less. That’s great for customers, but tough for salespeople, and Hurd, a sales executive earlier in his career, oversees Oracle’s sales force.
In an interview in his Redwood Shores, Calif., office, Hurd spoke with Fortune on the eve of Oracle’s massive Oracle Open World developers’ conference, which promises to snarl traffic throughout San Francisco from Sept. 22 to 26. Hurd addressed the state of Oracle, including the shift to the cloud, why Oracle will beat its competitors, and whether or not Oracle will abandon hardware. Edited for concision and annotated for explanation, a transcript of the conversation follows.