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Mark Hurd 30 Years of Tech: The Story

Mark Hurd

In the business world, the name Mark Hurd has become well known over the last 30 years. Mark Hurd’s continued successes ever since he began as a field salesman for NCR Corp in 1980 have shown his dedication to hard work and self improvement. There are countless field salesman and low level marketing employees in the world of business. Many of them rise over time. Few, however, have risen to such great heights as Mark Hurd.

Part of what has made Mark Hurd so successful is his dedication to excellence and his ambition. The business world is a hard school to learn in, and technology business, in particular, is even harder. Success necessitates quick decision making and forward thinking to keep up with the fast moving and ever changing world of technology.

This post is about the co-CEO of Oracle. We have gather all the great information about him and his career from the Internet and wrote a well organized article.

Working with NCR Corp

Mark Hurd climbed the ladder at NCR Corp, rising from field salesman to positions of ever increasing responsibility and management. NCR Corp, formerly known as the National Cash Register, has been a US-based company specializing in computer hardware, software, and electronics. For a young man interested in business and technology, it was a perfect place to start.

By 1994, Mark Hurd had worked his way up to Vice President of Worldwide Marketing and Americas Professional Services Division for NCR Corp, a position which he held for 4 years. In 1998, Mark Hurd was promoted to Senior Vice President of Teradata Solutions Group. After 2 years he was named Executive Vice President of NCR Corp, and from 2000 on, Mark Hurd wore several different hats as one of the top managers of the corporation.

While serving as Executive VP, Mark Hurd was also the Chief Operating Officer of the Teradata Division and Global Leader in such fields as enterprise data warehousing, data warehousing services, and analytic applications. In 2001, he was named the president of NCR Corp, a position which he held until his departure in 2005.

In 2002, Mark Hurd began serving as COO of NCR Corp, with the responsibility of driving its business performance. This included performance in retail store automation, payment and imaging, financial self service, worldwide customer services, Systemedia and Teradata data warehousing. Mark Hurd was instrumental during this time in planning and carrying out strategies that maximized the operating efficiency and profits of NCR Corp.

Hewlett-Packard Career

From 2003 until his departure, Mark was named Chief Executive Officer, and he served as president and CEO for 2 years, completing a total of 25 years of service at NCR Corp. After leaving NCR Corp, Mark Hurd continued his success as CEO and president of Hewlett-Packard. After only one year at HP, he was named chairman of the board after the resignation of former chairman Pat Dunn.

Under Mark Hurd’s direction, HP increased its profits for 22 straight quarters, meeting Wall Street expectations for all but one of those quarters. The company rose to first in laptop computer sales in 2006 and first in desktop computer sales in 2007, a position which it held throughout his tenure. Mark Hurd also led the company to a 63% increase in revenue and a doubling of stock prices.

One of the most impressive feats that Mark Hurd accomplished while at HP was in the success of a merger that had begun before he even arrived on the scene. In 2002, HP negotiated a merger with computer company, Compaq, in a move heavily criticized by experts at the time. Carly Fiorina, the chairwoman and CEO before Mark Hurd, was unable to turn the combined company into a smoothly operating and profiting business.

When Mark Hurd arrived and took over the company, he managed to pull off what the New York Times called “one of the great rescue missions in American corporate history, refocusing the strife-ridden company and leading it to five years of revenue gains and a stock that soared 130 percent.” Even during the middle of the recession, when Hurd himself prophesied a 5% drop in sales for 2009, company profit increased by 6%.

Joins the Oracle Corporation

Mark Hurd was recognized many times for his successes as a manager and business leader throughout his time at HP by such groups as Fortune 500, Business 2.0, and Forbes. In 2010, Mark left HP to become the president and member of the board of the Oracle Corporation. As a leader at the Oracle Corporation, Mark Hurd is responsible for Oracle’s global field operations, focusing primarily on strategy, innovation, leadership, and customers. There is no doubt that Oracle Corporation will be successful in the years to come, with Mark Hurd at the helm. The reality is that when Hurd speaks the World listens. He has a proven record of increasing companies growth and revenue for over 30 years.

OpenWorld Events:
Mr. Hurd is a regular speaker at OpenWorld. This year, 2015, he is speaking about the future of cloud and forecasting its predictions. According to Diginomica, Hurd declared victory in the Cloud computing niche.

UPDATE: Mark Hurd continues with his success at Oracle in 2016. The company stock and cloud revenue is on the rise each quarters as he as done in the past with other companies. If you want to really get to know him I recommend this article by USAToday called “Meet the new co-CEOs of Oracle: Mark Hurd and Safra Catz.” Be sure to check that out on Google.

Mark Hurd: A Forbes Business Success Story

Mark Hurd Photo

Mark Hurd’s Inclusion in Forbes Magazine has been the mark of success among businessman in the world of technology, trade, and finance almost since the publication’s conception in 1917. Like its competitors, Fortune Magazine and Bloomberg Businessweek, Forbes often includes lists of the most successful or influential corporations and individuals. To be featured on such a list almost guarantees you a place in the upper echelons of the American business world.

Mark V Hurd, current President of the Oracle Corporation, has been featured in one list or another on multiple occasions. In 2007, he was named one of Fortune Magazine’s “25 Most Powerful People in Business.” He was included multiple times by lists in the Business 2.0 magazine and by Barron’s “Best CEOs” list, and in 2008, he was named the “CEO of the Year” by the San Francisco Chronicle. In 2009, Mark Hurd was recognized by Forbes Magazine as one of Forbes’ Market’s Best Managers.

Mr. Hurd had reached the top of the business game, and he was getting recognized for it. But, that success was not handed to him on a silver platter of privilege. No, Mark Hurd worked for 30 years in the field of business and technology before attaining the success that he deserved.

The first 25 years of Mark Hurd’s career were spent at NCR Corp, a US computer company based in Dayton, Ohio (the company has since moved headquarters to outside of Atlanta, Georgia). Mark began as a field salesman in 1980, fresh out of college with his Bachelor’s degree in business administration from Baylor University. He sold computer hardware, software, and electronics and slowly moved through the ranks of administration and management.

In 1994, after 14 years of salesmanship and middle management positions, Mark Hurd was a division vice president for NCR Corp. He rose to Executive Vice president of the company, and eventually president and Chief Operations Officer. In 2003, Mark Hurd was the president and CEO of NCR Corp, a position which he held for two years. At the end of those two years, marking 25 years with NCR, Mark Hurd moved on to take the reins at Hewlett-Packard.

As president and CEO of HP, and a year later as Chairman of the Board, Mark Hurd was in the perfect position to make a name for himself and his company. HP stocks doubled in the time that Mark was in charge, and revenues increased by 63%. Mark Hurd knew how to cut costs and turn a profit, and that is exactly what he did.

The success of the company did not go unnoticed, and it was at HP that Mark Hurd’s accolades began to flood in. His inclusion in Fortune Magazine coincided with HP’s success in sales; the company was number one in laptop and desktop computer sales, and they were number one every year while Mark Hurd headed the business. In 2008, market share for HP in inkjet and laser printers both increased – to 46 percent for inkjet printers and 50.5 percent for laser printers.

Mark enjoyed 4 years of success at HP, righting the struggling company in the wake of its merger with Compaq and turning a profit for 21 successful quarters. There was only one quarter during Mark Hurd’s tenure in which HP did not meet the expectations of Wall Street. In 2010, Mark Hurd took a position as the president of the Oracle Corporation, seeking to bring the same success to this company as he had to his previous companies.

The Oracle Corporation is an American multinational computer company based out of Redwood City, California, specializing in hardware and enterprise software programs. Oracle is the second highest producer of software after Microsoft. In hiring Mark Hurd as President, CEO Larry Ellison sought to use Mark’s focus on customers, innovation, and efficient operations, and execution to bring his company success.

As Mark Hurd’s experience and inclusion in some of the most exclusive magazine lists in the world has shown us, he knows about success. He knows the struggle it takes to be successful as an individual and the direction and leadership that is needed for an individual to bring that success to his company. As Oracle continues to move forward, it can only be assumed that Mark Hurd’s direction and leadership will bring the company as much success as they might wish for.

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