HP Sues Ex-CEO Hurd for Taking Oracle Job

Igor Altman

September 7, 2010

HP is suing former start CEO Mark Hurd to stop him from taking a leading role at Oracle.

It is difficult enough for any company to attract high caliber, proven senior leadership under normal circumstances, whether it be a large public company focusing on business growths strategies or an expansion stage software company looking for better competitive positioning or company exit strategy.
But firing a CEO who has just led your firm through a period that’s been successful by most measures under dubious circumstances and then suing him from taking another job is not a great way to attract top talent.

A lot of a company’s success depends on its ability to attract and retain the best people, especially in the CEO chair, so this latest development does not bode well for HP’s near term future.

Senior Director Project Management

Igor Altman is Senior Director of Product Management at <a href="https://www.mdsol.com/en/">Medidata Solutions</a>, a leading global provider of cloud-based clinical development solutions that enhance the efficiency of customers’ clinical trials. Prior to Medidata, he worked at OpenView focusing on new investments in the IT space.