HP sues to keep Hurd unemployed

New position as president at Oracle in jeopardy

Former Hewlett-Packard Co. CEO Mark Hurd’s new job at rival Oracle Corp. has hit a legal snag just one day after his new position was announced, according to news agency reports today.

Oracle on Sept. 6 announced it had hired Hurd as co-president, replacing Charles Phillips, who has resigned.

HP filed its complaint today in a California state court.

In the lawsuit HP claims that Hurd wouldn’t be able to perform the job at Oracle without revealing HP’s trade secrets and violating a confidentiality agreement that Hurd had signed as part of a severance package from HP that could top $40 million, according to MSNBC.com.

The lawsuit mentions that Hurd was responsible for preparing HP's strategic plans and was privy to a "highly confidential" analysis of Oracle's competitiveness against HP.

Hewlett Packard Co., of Palo Alto, Calif., ranks No. 12 on Washington Technology’s 2010 Top 100 list of the largest federal government contractors. Oracle Corp., of Redwood Shores, Calif., ranks No. 88 on the list.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Thu, Sep 9, 2010 Brian Michigan

Anyone in their right mind who got a $40 million severance would sit back and relax.

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH

Trending

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Surviving Lowest Price Technically Acceptable IT Projects: Maximize your Returns and Customer Satisfaction Ratings

    Register for this FREE exclusive roundtable webcast to hear from Nick Wakeman, Editor of Washington Technology, Shamun Mahmud, Cloud Security Architect, DLT Solutions and Paul McCloskey, Federal Alliances Leader, SolarWinds, and they discuss the different approaches on how you can deliver low cost, technically excellent, better value solutions to meet the fiscal and technology needs of today’s government, while still maximizing your returns on your LPTA IT projects. Learn More!