Sunday , January 17 2021

Oracle Says Co-CEO Mark Hurd Has Died, Hacker News


          

      

                             

           

Mark Hurd, shown during the Oracle OpenWorld 2018 conference in San Francisco, had shared the title of Oracle Corp. CEO with Safra Catz since September 2014                                 Photo:                     David Paul Morris / Bloomberg News             

    

  

                             

     

       

            OracleCorp.              ORCL– 1. 10%             said       Mark Hurd,        one of its two chief executives officers, has died.

Oracle said last month that Mr. Hurd, 62 , was taking a medical leave of absence, removing the technology giant’s top executive for sales and strategy at a time of intensifying competition in the business-software market.

      

      

Oracle didn’t immediately mention the cause of death and hadn’t said what specific issues the CEO was facing when he took leave.

Oracle Chairman       Larry Ellison        said “Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle.”

The death means       Safra Catz        is Oracle’s sole CEO.

Since September 2014 Oracle has had an unusual leadership structure in which Mr. Hurd and Ms. Catz share the CEO title, while Mr. Ellison is chairman and technology chief.

Write toRobert Wall atrobert.wall@wsj.com

      

     

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