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Mark Hurd Fired, Hired, and Sued

Mark Hurd was one the CEO of Hewlett Packard. Recently, he was forced to resign his position. There was an internal investigation in Hurd's relationship with a contractor as well as related expense reports. The investigation ended with Hurd resigning from his position. But it didn't take a long time for him to be able to land another job.

Oracle has hired Mark Hurd as the company's Co-President. He has also been named to Oracle's Board of Directors.

Oracle sees this as an excellent move because the company feels that Hurd has more relevant experience in the IT world than any other executive and since he pioneered integrating software and hardware back when Teradata was a part of NCR, Oracle feels he is perfect for their future of engineering hardware and software systems that are complete. Oracle wants to have experienced people as the company grows and they see Hurd as having the experience needed to run a $100 billion business.

HP has decided to sue Hurd. They say that he signed documents that were designed to protect the trade secrets and confidential information of HP. They believe that Oracle is a competitor and that Hurd will have to betray the agreements that he had with HP. Whether Hurd will have to betray trade secrets or not is not clear. What is clear is that HP believes that he either can or will, and they have filed a civil suit against him.

Oracle has responded by saying that HP's lawsuit is vindictive and that HP and Oracle have a partnership. The lawsuit, Oracle says, threatens that partnership, joint customers, and HP's own shareholders and also their employees. Oracle claims that HP is making it impossible to work with them as a partner and is acting without regard to anyone but themselves.

What do you think? Does HP have a good case or can Hurd do his new job without breaking his agreements with HP?


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