Mark Hurd Net Worth
Mark Hurd net worth and salary: Mark Hurd is an American businessman who has a net worth of $70 million. Mark Hurd has earned his net worth from his position of Co-president, director, and board member of Oracle Corporation and the past chairman, chief executive officer, and president of Hewlett-Packard. He resigned his positions at HP after an internal investigation on August 6, 2010, uncovered expense-account irregularities. Hurd holds a bachelor of business administration degree from Baylor University. He graduated in 1979 and he played tennis during college at Baylor. During his 25 year career at NCR Corporation, his leadership lead to successful improvement in operating efficiency, supported the product line and built a strong leadership team. He spent two-year tenure as chief executive officer and president. NCR's revenue was up by 7 percent over the previous year in 2004, and net income rose to $290 million. He began his working career at NCR in 1980, as a junior salesman in the San Antonio area and subsequently held a variety of positions including general management, operations, and sales & marketing. He also served as head of the company's Teradata division, which was the companies' data-warehousing division for three years. During the upset at Hewlett-Packard where the company forced Chairman and CEO Carly Fiorina to resign in January 2005, CFO Robert P. Wayman became temporary CEO of the company for several months. Hurd was appointed permanent CEO and also held the title of President. Hurd was also elected to the board of directors but unlike previous CEOs, he initially was not elected as a chairman of the board. Not until September 22, 2006, when Hurd succeeded Patricia C. Dunn as chairman after she resigned after the pre-texting controversy. At Hewlett-Packard his leadership skills led the company to be first in the sale of desktop computers since 2007, and laptop computers since 2006. In 2008, Hewlett-Packard also dramatically increased its market share in the inkjet and laser printers sales to 46% and 50.5%, respectively. Hurd has been known to get up every day at 4:45 a.m. California time without an alarm clock; because he knows that his competitors on the east coast are already awake.
Mark Hurd Salary
Mark Hurd's base salary is $2.4 million. In a given year he has been known to earn around $40 million from all sources of compensation.