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October 18, 2019 04:50 pm

Oracle Co-CEO Mark Hurd Passes Away

Mark Hurd, who was co-chief of Oracle, one of the world's top business-software firms, until he stepped aside last month for health reasons, died Friday. He was 62. From a report: "Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle," Oracle chairman Larry 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. Oracle stock had gone up about 37% since he and Safra Catz were appointed as CEOs in September 2014.

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