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HP Sues Mark Hurd Over Oracle Competition
From: InfoSec News <alerts () infosecnews org>
Date: Wed, 8 Sep 2010 02:57:47 -0500 (CDT)
http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=227300300 By Thomas Claburn InformationWeek September 7, 2010 HP said on Tuesday that it had filed a civil lawsuit against former CEO Mark Hurd in response to news on Monday that Hurd had been hired by Oracle as President and had joined the database company's board of directors. "Mark Hurd agreed to and signed agreements designed to protect HP's trade secrets and confidential information," HP said in a statement. "HP intends to enforce those agreements." Hurd was forced to resign in early August following an internal investigation of sexual harassment claims brought by a former HP contractor and revelations of expense accounting irregularities. Oracle CEO Larry Ellison, a friend of Hurd's, called HP's decision to fire Hurd "the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." Ellison declared his support for Hurd more directly on Monday in a statement announcing Hurd's hiring as Oracle's President. "Mark did a brilliant job at HP and I expect he'll do even better at Oracle," said Ellison. That's a view shared by some observers of the industry. [...] _______________________________________________________ Subscribe to InfoSec News - www.infosecnews.org http://www.infosecnews.org/mailman/listinfo/isn
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