Hewlett-Packard Company: The Departure of Mark Hurd (B)
Image
Region
North America
Topic
Strategy & General Management
Length
4 pages
Keywords
lawsuit
confidentiality agreement
stepping down
board of directors
violating
Copyright Holder
Notre Dame
Student Price
$4.00
Target Audience
Graduate Students
Undergraduate Students
After Mark Hurd steps down as CEO at Hewlett-Packard, Oracle hires him as co-president, as well as a member of their Board of Directors. A day later, Hewlett-Packard files a lawsuit against Hurd alleging he will not be able to do his new job without violating his confidentiality agreement. Tension arises between the two companies, which have been strategic business partners for 25 years. H-P also endures severe criticism from Oracle’s CEO, Larry Ellison.