Hart Twists and Turns Life Experiences
Hurd, former CEO of Hewlett-Packard two months certainly not peace of mind. From the original cause of the peak, to be sexual harassment scandal broke, to be found false claims, the final image of the collapse were dismissed HP’s board of directors Lightning, “Laode” huge amount of more than 4,000 million “breakup fee” Hart in a short period within one month of experience makes them sigh.
And when the audience thought that this story will end, the unexpectedly wonderful yet to come: Oracle CEO Larry Ellison on Hurd quite appreciated, inviting him as co-president of Oracle, and open a 950,000 U.S. dollars in basic salary, plus 10 million dollar bonus conditions. However, this is quite helpless old club HP fear, want a piece of paper flyers and Hart court, blocking Hart joined the Oracle – a terrible opponent.
Some critics said that Hart was the best of Silicon Valley business leaders, the man rigorous, meticulous and comprehensive, with strong resources integration capability and the details of the expressive force and praised the “Fortune” magazine even called him “the economic recession of the ideal management company candidates. ”
Helm at HP, Hurd 5 years, the company’s share price almost doubled, so that impressed investors and shareholders. HP also rapidly grown into one in the PC operation, servers and printers and many other take the lead as the industry pioneer in 2006, has overtaken Dell as the largest PC sales outlet with a breakthrough in 2007 than 1000 billion in revenue IBM.
“He left an indelible transformation of HP mark.” IDC analyst Crawford rich, “said he left than when he first joined HP when HP much stronger.”
“Hart to promote the HP achieved metamorphosis, transformation into a performance and results-oriented company, and a very good cost control to the business machine.” Well-known market research firm Gartner analyst, said Reynolds.
However, a few years in power in the Hurd, HP’s tradition of technology companies that are deeply branded the “Hart mark.” Layoffs, consolidation, mergers and acquisitions, business integration, the company’s internal changes and staff of the massive “laid off” for the management of arguably Hart; the same time, with massive layoffs in sharp contrast, the Hart for several years to obtain high pay, is crowned as the 2009 CEO pay list of technology companies, “second place”, and this not long ago, Hurd announced that it will lay off 246 people within three years, this is undoubtedly quite surprised to employees. According to the U.S. website Glassdoor published this year in August, CEO approval rating most staff, Hart ranks up the rear, recognition rate was 34%.
Complementary interests
Since the accident Hart has been playing Hart Ellison loyal “patron”, especially when HP issued a statement will be prosecuted Hurd, Ellison was willing to “It’s hard to continue cooperation in the IT market,” as a threat , made clear even behind Hart’s attitude.
Hart has a strong industry background, has managed to grow through continued acquisitions of this type of company, and repeatedly had his assistant, the implementation of industry mergers and acquisitions of such companies. He has been HP’s success with a low test his strength, and these experiences will serve to effectively help the operation of Oracle, so Oracle and IBM, HP and other competitors struggle on with an important weight. Wall Street analysts are very bullish on Hurd joined Oracle, said, “Heard in the promotion of the company to improve efficiency and integrate acquisitions transactions talent will make investors to join his welcome to 5.6 billion U.S. dollars in to buy a Sun Microsystems After Oracle is stepping up efforts to break into the hardware market. ”
Technology Web site Seeking Alpha is commented Oracle HP people want is the key to our customers and even its shares. Oracle’s Ellison is not the case with the saints, this is a clear and explicit declaration of war to the HP action.
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