Ex-HP CEO Hurd Pays $14 Million Oracle Pledge Fee 77
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:What I could do with $just 1,000,000 (Score:3, Informative)
Seriously. I mean, how do you get to the mental state that you give up 14 million in order to get into another job?
He will make a lot more than $14M before he retires from Oracle...