HP Files Complaint Against Former CEO Over Oracle Job

Sept. 7, 2010
Said Hurd would be placing HP's 'most valuable trade secrets and confidential information in peril'

A day after he was named a co-president at Oracle, Hewlett-Packard filed a complaint against former chief executive Mark Hurd. In a civil complaint filed on Oct. 7 in California Superior Court, HP said that Hurd would be putting the company's "most valuable trade secrets and confidential information in peril" by working at Oracle.

"Mark Hurd agreed to and signed agreements designed to protect HP's trade secrets and confidential information," HP said. "HP intends to enforce those agreements."

"In his new positions, Hurd will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP's trade secrets and confidential information to others," HP said.

Hurd, 53, resigned as HP's CEO last month after a sexual harassment probe uncovered subterfuge with company expenses. The investigation found he had not broken harassment rules, but was in breach of HP's "standards of business conduct."

Hurd was named co-president of Oracle on Spet. 6 and also given a seat on the board of directors of the company.

Hurd said he was "excited to be a part of the most innovative technology team in the IT industry."

"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," he said.

Copyright Agence France-Presse, 2010

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

What Is Your Smart Factory IQ?

Sept. 24, 2023
It’s time to put Smart, data-driven manufacturing operations to the test. In this comprehensive whitepaper we show you how to determine the Artificial Intelligence Quotient (AIQ...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

What Does Agility Look Like for Today's Auto Industry?

Dec. 4, 2023
Without modern technologies, enterprises aren't able to fully analyze the risks and respond to ongoing supply chain issues and semiconductor shortages.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!