No Hurd feelings…
Under the terms of a settlement disclosed yesterday after the stock markets closed, Hurd agreed to relinquish stock he was given in his severance package. The shares are worth nearly $14 million, based on yesterday’s closing price of $39.39.
HP and Oracle said in a joint statement that Hurd will be able to perform his duties as an Oracle copresident without spilling HP’s trade secrets.
No comments:
Post a Comment