Hurd May Join Oracle

Mark Hurd, Hewlett-Packard's (NYSE: HPQ) disgraced former CEO, is in talks with Oracle (Nasdaq: ORCL) for an executive level job. Larry Ellison, Oracle's founder and CEO, will not be vacating the top spot, the Wall Street Journal reported, citing people familiar with the talks.

Hurd left HP last month amid a cloud of scandal that involved a questionable relationship with an HP contractor and Hurd's inability to properly fill-out expenses reports.

Oracle, which makes enterprise software, is almost as profitable as HP—earning $6.1 billion in its most recent fiscal year compared with $7.7 billion for HP—but has only about one quarter the revenue and one third the employees, the Journal reported.

Wall Street loves Hurd because HP shares nearly doubled in his five years at the helm of the world's largest computer maker, but the last two years of Hurd's tenure show a negative run for the stock.

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