Business Chief USA – August 2019

(Nora) #1
Mark V. Hurd
Oracle
Mark V. Hurd is the other co-CEO of the Oracle Corporation. He makes
more than his co-CEO, Safra A. Catz, with an income of $40.8mn.
Before his move to Oracle, Hurd was the chairman, president and
CEO of Hewlett-Packard (HP), until he resigned in 2010. His strict
cost-cutting at HP proved successful as the company navigated the
recession, making profit as opposed to his projected deficit. This was
apparently the motivation for previous CEO, Larry Ellison, appointing
him as co-CEO of Oracle.

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