Mark Hurd, co-CEO of Oracle, dies at 62

Mark Hurd, who was co-chief of Oracle and former head of HP during a period rocked by scandals, died Friday. He was 62.

The company confirmed Hurd’s death to CNBC but declined to provide a statement. In an email obtained by CNBC, Oracle Chairman Larry Ellison informed employees that Hurd had died early in the morning.

“Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle,” Ellison wrote. “All of us will miss Mark’s keen mind and rare ability to analyze, simplify, and solve problems quickly. Some of us will miss his friendship and mentorship. I will miss his kindness and sense of humor.”

Hurd announced a leave of absence from Oracle in September due to unspecified health reasons.

“Though we all worked hard together to close the first quarter, I’ve decided that I need to spend time focused on my health, Hurd said in the announcement. “I love Oracle and wish you all success during my absence.”

He and Safra Catz were appointed as CEOs of Oracle in September 2014. Oracle stock had gone up about 37% since then.

Source: www.cnbc.com

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