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Mark Hurd Net Worth

Mark Hurd Net Worth

Net Worth: $35 Million

Statistics
  • Source of Wealth Business and IT
  • Birth Place Flushing, New York
  • Marital Status Married to Paula Kaluppa
  • Full Name Mark Vincent Hurd
  • Nationality American
  • Date of Birth January 1, 1957
  • Occupation Co-President, Director and Board Member of Oracle Corporation
  • Education Baylor University (Bachelor in Business Administration)
  • Children None
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About Mark Hurd

Mark Hurd has an estimated net worth of $35 million and an annual salary of $2.4 million. He earned his net worth as the co-president, director, and board member of Oracle Corporation and as the past chairman, chief executive officer, and president of Hewlett-Packard (HP). While at HP, he succeeded CFO Robert Wayman who served as interim CEO from February 10, 2005 to March 28, 2005, after former CEO Carly Fiorina was forced by the board to resign. He succeeded Pat Dunn on September 22, 2006 as chairman when she resigned after the pretexting controversy. He led the company to be the first in the sale of laptop computers in 2006 and desktop computers since 2007. HP has dramatically increased its market share in the inkjet (46%) and laser printer (50.5%) sales in 2008. On August 6, 2010, he resigned his position at HP in the wake of a sexual harassment controversy.

Born Mark Vincent Hurd on January 1, 1957 in Flushing, New York, Hurd graduated from Baylor University in 1979 with a Bachelor in Business Administration. He played tennis while he was in college at Baylor. He spent 25 years at NCR Corporation with two years as chief executive officer and president. During his tenure, NCR generated revenue of $6 billion, which is up by 7% from the previous year. Its net income rose to $290 million in 2004. He started as a junior salesman in the San Antonio area and held several positions including general management, operations, and sales & marketing.

Mark Hurd was a member of the Technology CEO Council, a coalition of chairmen and CEOs of IT companies. The team develops and advocates public policy positions on technology and trade. He also served on the board of directors of News Corporation until 2010. He co-wrote with Lars Nyberg a bibliography The Value Factor: How Global Leaders Use Information for Growth and Competitive Advantage.