Oracle CEO Mark Hurd died on Friday (Photo: Getty Images)
Died this Friday (18/10) Mark Hurd, CEO of Oracle. The 62-year-old executive has been on sick leave since September. Hurd served as co-CEO with executive Safra Catz. He worked in sales, marketing and investor relations.
The company had announced in September that Hurd would step down for medical treatment. During the absence, Catz and Oracle's own founder Larry Ellison assumed their responsibilities. The company did not disclose the cause of Hurd's death.
On his personal page, Ellison mourned the loss of his friend. "It is with a deep sense of sadness and loss that I speak to everyone at Oracle that Mark Hurd passed away on Friday morning," stated in a text published on Hurd's website. “Mark was my next, irreplaceable friend. Oracle loses a brilliant and passionate leader who personally touched the lives of countless people over the decade with us. ”
He joined the company in 2010. Four years later, shortly after Ellison's departure, he took over as co-CEO alongside Safra Catz. During his time at the company, he helped transform Oracle from software licensor to one of the largest cloud service providers in the industry.
In 2013, it changed the sales model within the business, transforming the commercial sector into a team of specialists. In one year, it hired over 4,000 people to support the new model. When Ellison hired Hurd, the executive said, "There is no IT executive in the world with more experience than Mark."
Prior to Oracle, Hurd was CEO Hewlett-Packard, one of Silicon Valley's oldest companies.
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