Saturday, October 19, 2019

Oracle co-CEO Mark Hurd dies at 62

Oracle Corp’s (ORCL.N) 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker’s ongoing transition to cloud computing.

Last month, Hurd went on a medical leave for unspecified health reasons, while Catz and founder Larry Ellison took over his responsibilities during the absence.

The company has not given details about the cause of death.

“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 in an email to company employees.

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