History of Mark Hurd in Timeline

Mark Vincent Hurd was a prominent American business executive in the technology sector. He held the position of CEO at Oracle Corporation and previously served as chairman, CEO, and president of Hewlett-Packard until his resignation in 2010. Hurd also held significant board positions, including directorships at Globality and News Corporation, and membership in the Technology CEO Council. His career was primarily focused on leadership roles within major tech companies.

January 1, 1957: Birth of Mark Hurd

Mark Vincent Hurd was born on January 1, 1957 in New York City.

1974: Graduation from The Browning School

Mark Hurd graduated from The Browning School in New York City in 1974.

1979: Graduation from Baylor University

Mark Hurd graduated with a Bachelor of Business Administration from Baylor University in 1979.

August 23, 1980: Mark Hurd's First Marriage

Mark Hurd married Elizabeth A. Butler on August 23, 1980.

1980: Begins at NCR

Mark Hurd starts at NCR as a junior salesman in San Antonio in 1980.

October 14, 1987: Mark Hurd's First Divorce

On October 14, 1987, Mark Hurd and Elizabeth A. Butler divorced.

1990: Mark Hurd's Second Marriage

Mark Hurd married Paula Kalupa, an NCR executive, in 1990.

2001: President of NCR

Mark Hurd was named president of NCR Corporation in 2001.

2002: Compaq Acquisition

HP acquired Compaq in 2002.

2002: HP and Compaq Merger

Hewlett-Packard and Compaq merged in 2002.

2002: COO of NCR

Hurd was given the additional responsibility of chief operating officer at NCR in 2002.

2002: Michael Capellas as President

Michael Capellas served as President of HP for a transitional period in 2002 after the merger with Compaq.

January 2005: Appointed CEO of HP

Mark Hurd was appointed CEO of Hewlett-Packard in January 2005.

September 22, 2006: Chairman of HP Board

On September 22, 2006, Mark Hurd succeeded Pat Dunn as chairman of the board at HP.

2006: HP Leads Laptop Sales

HP became the leader in laptop sales in 2006 under Mark Hurd's Leadership.

2007: HP Leads Desktop Sales

HP became the leader in desktop sales in 2007 under Mark Hurd's leadership.

2007: Fortune Magazine Recognition

Mark Hurd was named one of Fortune Magazine's 25 most powerful people in business in 2007.

2008: HP Increases Printer Market Share

In 2008, HP increased its market share in inkjet and laser printers to 46% and 50.5%, respectively.

2008: Hurd's Compensation

Mark Hurd's total compensation in 2008 was $39,952,237, which included the largest bonus of any CEO that year.

2008: CEO of the Year

The San Francisco Chronicle named Mark Hurd CEO of the year in 2008.

March 2009: HP Sales Forecast

In March 2009, Mark Hurd forecasted a potential 5% drop in HP sales but a nearly 6% increase in profit.

2009: Pay Cuts and Reduced Benefits at HP

During the 2009 recession, Mark Hurd imposed temporary pay cuts and removed several benefits for employees at HP.

2009: Forbes Top Gun CEO

Mark Hurd was listed as one of Forbes' top gun CEOs in 2009.

2009: Hurd's Compensation

Mark Hurd's total compensation in 2009 was $24,201,448.

August 6, 2010: Resignation from HP

On August 6, 2010, Mark Hurd resigned from all his positions at HP following an investigation into inaccurate expense reports.

September 6, 2010: President of Oracle

On September 6, 2010, Mark Hurd was named president of Oracle Corporation.

2010: Resignation from HP

In 2010, Mark Hurd resigned from his positions as chairman, CEO, and president of Hewlett-Packard.

April 2013: Sales Department Revamp at Oracle

In April 2013, Mark Hurd reported an increase of 4,000 salesmen at Oracle as part of his sales department revamp.

2013: "Class Of" Program Launch

Mark Hurd launched the "Class Of" program at Oracle in 2013 to recruit and train college graduates to become salesmen.

September 18, 2014: Mark Hurd becomes co-CEO of Oracle

On September 18, 2014, Mark Hurd and Safra Catz were appointed co-CEOs of Oracle, succeeding Larry Ellison. Hurd took charge of sales, service, and marketing, while Catz oversaw operations, legal, and finance.

2015: "Class Of" Program Update

In 2015, Mark Hurd reported that Oracle recruits 1,300 students each year through the "Class Of" program.

2015: Oracle's Cloud Business Growth Baseline

This year, 2015, serves as the baseline year for measuring the 82% growth in Oracle's cloud business under Mark Hurd's leadership, which was achieved by 2016.

2016: Oracle's Cloud Acquisitions

In 2016, under Mark Hurd's co-leadership, Oracle acquired several cloud-based companies, including NetSuite, Textura, LogFire, and Opower, to strengthen its position in the cloud market.

2016: Oracle's Cloud Business Growth and Investment

In 2016, under Mark Hurd's leadership, Oracle significantly expanded its cloud business, achieving 82% growth from 2015 to 2016 and investing $5.1 billion in research and development for cloud services.

September 2019: Mark Hurd's Leave of Absence

In September 2019, Mark Hurd announced a leave of absence from Oracle for health reasons. Safra Catz and Larry Ellison took over his responsibilities during his leave.