Mark Herd, director of Oracle and former director of Hewlett-Packard, the two most famous companies in Silicon Valley, died at the age of 63, CNN reports.
The founder and president of Oracle, Larry Ellison, confirmed the news of Herd’s death today.
“Mark was my close and irreplaceable friend and colleague of trust. “Oracle has lost a great and beloved leader,” Ellison said.
Herd went on sick leave a month ago for unknown health reasons. He then told the employees: “I decided that I had to spend some time concentrating on my health.”
He has been the CEO and director of the Oracle board since 2014, and he started working in it in 2010, a month after he resigned from the position of CEO of HP due to allegations of sexual harassment, reminds Index.
Ellison then told HP that they had made the worst hiring decision since Apple fired Steve Jobs.
HP later said an external investigation showed that the allegations of sexual abuse were untrue, but that Herd had violated HP’s standards of business conduct. He left HP with $ 12 million in severance pay and a significant number of shares.
Oracle and HP are great rivals with a long history of conflict, so his arrival in Oracle did not go smoothly. HP sued Oracle in an attempt to prevent Herd from joining him. They claimed that there was a danger of disclosing their confidential information.
Heard was born in New York in 1957 and finished high school in Miami. He graduated in 1979 from Baylor College, Texas, where he played tennis and was president of the fraternity.
He began his career in 1980 at ATM as a salesperson, and by 2003 he had reached the position of CEO. He joined HP in 2005 and spent five years there before leaving for Oracle.
For almost three decades, he was married to his wife Paula, with whom he has two daughters.