Mark Hurd Net Worth
Mark Hurd net worth and salary: Mark Hurd was an American businessman who had a net worth of $150 million at the time of his death in 2019. Mark Hurd was most famous for serving the co-president, director, and board member of Oracle Corporation. He previously served as 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.
Mark Hurd held 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 period 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 following a 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 had been known to get up every day at 4:45 a.m. without an alarm clock because he knew that his competitors on the east coast were 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. In 2018 he earned $108 million.
Unfortunately, Mark Hurd died on October 18, 2019 at the age of 62.
Mark V. Hurd
|Net Worth:||$150 Million|
|Date of Birth:||Jan 1, 1957 - Oct 18, 2019 (62 years old)|
|Nationality:||United States of America|