Oracle hires former HP's Hurd (Reuters)

Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president

Oracle said on Monday that it has hired Mark Hurd, the former chief executive of Hewlett-Packard who resigned amid a scandal involving inaccurate expense receipts related to a female contractor.

BOSTON (Reuters) - Oracle Corp's quarterly hardware s

Oracle Corp. (ORCL) has offered a job to Mark Hurd, the former CEO of Hewlett-Packard Co. (HPQ) who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a Reuters source familiar with the situation.

Hewlett-Packard chief executive Mark Hurd resigned Friday after an accusation of sexual harassment uncovered subterfuge with company expenses, the computer giant announced."Chief Executive Officer and President Mark Hurd has decided with the board of directors to resign his positions effective immediately," the company said in a statement.HP had brought in outside counsel to investigate allegations that Hurd had violated HP's sexual harassment policy in his dealings with a former marketing contractor.