Mark Hurd was an American technology executive who had an estimated net worth of $150 million at the time of his death in 2019. He was widely recognized for serving as co-CEO of Oracle Corporation and previously leading Hewlett-Packard (HP) as chairman, CEO, and president.
| Mark Hurd Net Worth | $150 Million |
| Date of Birth | January 1, 1957 |
| Place of Birth | Manhattan |
Mark Hurd Salary
At the time of his passing, Hurd’s base salary was approximately $2.4 million per year, though his total annual compensation often reached far higher through bonuses, stock awards, and incentives.
- Typical yearly compensation: about $40 million
- 2018 total compensation: approximately $108 million
- 2008 HP compensation: nearly $40 million, including a $24 million cash bonus — the largest CEO bonus that year
Early Life
Mark Vincent Hurd was born on January 1, 1957, in Manhattan. He attended Baylor University on a tennis scholarship and graduated in 1979 with a bachelor’s degree in business administration.
Rise at NCR Corporation
Hurd joined NCR in 1980 as a junior salesman and spent 25 years rising through management roles. He became president in 2001 and CEO in 2003. During his leadership:
- NCR improved operating efficiency and profitability
- Revenue rose and net income reached $290 million in 2004
- He strengthened the company’s Teradata data-warehousing division
Leadership at Hewlett-Packard
In 2005, Hurd became CEO and president of HP following the departure of Carly Fiorina.
During his tenure:
- HP became the world leader in laptop and desktop sales
- Printer market share rose to 46% (inkjet) and 50.5% (laser)
- Revenue increased significantly and stock value doubled
- He oversaw integration with Compaq
However, his cost-cutting measures included layoffs affecting more than 15,000 employees and compensation reductions during the 2008 financial crisis.
Resignation in 2010
Hurd resigned from HP amid an internal investigation related to expense reporting. While he was cleared of harassment allegations, HP later expressed regret over the circumstances surrounding his departure.
Leadership at Oracle
Hurd joined Oracle in 2010 as president and board member. He later became co-CEO in 2014 alongside Safra Catz, after founder Larry Ellison stepped down from the CEO role.
Key achievements:
- Expanded Oracle’s sales force and graduate hiring programs
- Accelerated the company’s shift to cloud computing
- Cloud division growth exceeded 80%
- Invested more than $5 billion in cloud R&D and acquisitions
Death
In 2019, Hurd took a leave of absence for health reasons and died later that year at age 62. He is remembered as one of the most influential executives in the enterprise technology sector.
Personal Life
Hurd was first married to Elizabeth A. Butler (1980–1987). He later married Paula Kalupa, with whom he had two children. The couple owned a home in Atherton, purchased in 2005 and sold in 2012.
Mark Hurd Net Worth
Mark Hurd net worth was $150 million.
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