Ex-HP CEO Hurd Pays $14 Million Oracle Pledge Fee

theodp writes "Valleywag reports that ousted HP CEO Mark Hurd is paying dearly to roll with Oracle, giving up millions of dollars to settle the HP lawsuit that threatened to prevent him from working at his new job. Hurd will forfeit about 345,000 restricted HP shares that he was given as part of his HP exit package, which had a market value of $13.6 million. In addition to announcing the truce against the backdrop of Oracle's OpenWorld conference, HP and Oracle also reaffirmed their vows to each other."

Re:Re-affirm their vows?

[Chrisq]

Really? Are they uh.. well I didn't know, that they were so close. Married, as it were. I guess when two companies love each other..

It got to me an ugly threesome when Oracle took Sun into the family home though. HP was no longer the manufacturer of the prestige exadata [oracle.com] server.

Re:What I could do with $just 1,000,000

[El_Muerte_TDS]

People like this man Hurd should be thankful to God for enabling the possibility for making millions come to light.

I always find it funny when religion people would thank God for their success. If they even did some research into their own religion they would know what God isn't the deity that would grant wishes and hand out things like success. If anything it would be the other party that does it (usually in return for souls and what not).