"Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.
Oracle and HP are longtime partners, but Hurd's appointment Monday as co-president of Oracle underscores the growing fissure between the Silicon Valley heavyweights and stems from Oracle CEO Larry Ellison's belief that his friend Hurd was railroaded out of a job at HP.
Oracle already had two presidents.
One of them--Charles Phillips, a former Marine and investment banker who was with Oracle for seven years--is resigning to make room for Hurd. The other--Safra Catz, Oracle's former chief financial officer--is staying.""