Mark Hurd
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Mark Hurd is CEO of Oracle Corporation and a member of Oracle’s board of directors. After serving as chairman, CEO and president at Hewlett-Packard for five years, Hurd joined Oracle as president in 2010. Four years later, Hurd and CFO Safra Catz were named CEOs. Hurd’s tenure at Oracle has seen the company invest heavily in cloud computing, both through R&D investments and acquisitions of companies such as NetSuite, a leader in cloud ERP; Eloqua, a leading provider of cloud-based marketing software, and Taleo, a cloud talent management software provider.
Hurd often shares his insights and experiences as an author and speaker. He makes keynote appearances at events like Web Summit, where he discusses topics that include business leadership, cloud computing, and the evolution of the workforce. Hurd’s leadership and strategic focus have been noted in publications such as Fortune, Forbes, the Wall Street Journal, Bloomberg, and Barron’s.
Hurd attended Baylor University on a tennis scholarship, where he received a BA in Business Administration. He remains active in university initiatives as a member of the Baylor Board of Regents and a benefactor of the Hurd Tennis Center. Due to his lifelong passion for tennis, he has been instrumental in establishing Oracle’s partnership with the Intercollegiate Tennis Association (ITA).
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As CEO of a leading global enterprise cloud computing company, Mark Hurd has frequent opportunities to share his knowledge and to participate in initiatives to better the industry and the communities Oracle serves. He is known for his speaking appearances at events like Oracle OpenWorld and his insights on cloud computing. Hurd is also heavily involved with his alma mater Baylor University, the Intercollegiate Tennis Association, and various charitable initiatives.
Speaking
Starting in 2014, Mark Hurd has given the keynote address at Oracle OpenWorld. Focusing on bold predictions for the future of IT, Mark speaks to more than 60,000 attendees at the Moscone Center as well as over 2 million online viewers.
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As a thought leader in business and information technologies, Mark Hurd often shares trends and insights into the technology ecosystem, specifically on the challenges and opportunities of cloud migration from legacy enterprise systems.
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In 2015 during his Oracle OpenWorld keynote, Mark shared his vision for the future of enterprise data. According to Mark, it would not only reside in the cloud, it would be more secure and cost-effective to utilize cloud services for enterprise data management. Today, Mark’s predictions have become a reality as companies such as AT&T and Bank of America rely on Oracle Cloud for their most critical business operations. Mark continues to lead Oracle’s innovative cloud strategy, enabling the company to uniquely differentiate itself from other cloud vendors.
Career
Mark Hurd began his business career at NCR Corporation in sales. Recognized for his business acumen, he held several roles throughout the organization, becoming the head of the Teradata division before being named NCR CEO in 2003. NCR’s stock price increased nearly 300 percent during Hurd’s tenure at the company.
After joining Hewlett-Packard (HP) in 2005, Hurd worked to restore profitability and boost growth. In 2007, HP reached over $100 billion in annual revenue, overtaking IBM and exceeding analysts’ earnings estimates. Focusing the company on data center architecture and mobile technology while transitioning the imaging divisions from analog to digital, Hurd was recognized as a top technology industry CEO. During Hurd’s tenure as CEO, president, and board chairman, HP grew revenue over 40 percent, doubling earnings per share with 22 consecutive quarters of growth, while also joining the ranks of Fortune’s World’s Most Admired Companies in 2009.
Now at Oracle, Hurd has helped shift the company’s long-term strategy to the cloud. His focus on Oracle’s cloud platform has paid off with a 51 percent year-over-year growth of cloud revenue in the first quarter of fiscal year 2018 with Software-as-a-Service (SaaS) revenue increasing 62 percent and Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) revenue up 28 percent.
Philanthropy
Mark Hurd continues to be involved with his alma mater, assisting in the renovation of the tennis complex at Baylor University, where he earned his BA in Business Administration. Now named the Hurd Tennis Center in recognition of his contributions, he also sits on the university’s Board of Regents. Oracle founder and Chairman Larry Ellison and Hurd share a love for tennis that extends to the Intercollegiate Tennis Association (ITA). With Hurd’s support, Oracle partnered with the ITA to create the Oracle US Tennis Awards, a grant bestowed on young tennis professionals. Oracle has also sponsored the Oracle/ITA Masters tournament as well as the Oracle Collegiate Tennis Challenge.
Honors and Awards
Mark has been recognized for his leadership in the industry – The San Francisco Chronicle named him CEO of the Year in 2008. He was also included in Fortune’s Most Powerful People in Business in 2007 and Business 2.0’s 50 People Who Matter list of 2006. Mark’s philanthropic work has been recognized as well, earning the Baylor Meritorious Achievement Award in 2012.
Books
In 2004, Mark Hurd co-authored The Value Factor with former mentor and writing partner Lars Nyberg. Providing an inside look at the value of information to today’s companies and the global workforce, the book has been well-received by the business community and holds a five-star rating on Amazon.
Having extensive experience with some of the industry’s top companies, Mark regularly publishes his professional insights as a LinkedIn Influencer.
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On July 28, 2016, Oracle announced in a press release that it had acquired NetSuite, the first cloud company. Leveraging Oracle’s global reach and resources, Hurd has helped integrate NetSuite into the Oracle ecosystem as a distinct element of Oracle’s ERP cloud offerings.
Mark Hurd | NetSuiteA graduate of Baylor University, Mark continues to support the Baylor community and tennis program.
Mark Hurd | BaylorBoard of Regents