Tuesday, 21 September 2010 00:57
Joining Oracle Cost Hurd $13.6 Million. Losing Hurd Cost HP $15.68 Billion
Hewlett-Packard has just settled its dispute with former CEO Mark Hurd over his recent move to Oracle for undisclosed terms. By making the move to competitor Oracle, Hurd gave up options on 346K shares of HP stock, which at today’s closing price of $39.39 that means $13.6M in losses.
HP currently selling at $39.39 marks a steep dip from the day Hurd was fired; On Aug 6th HP’s stock price closed at $46.30 a $6.91 difference. If you multiply that 2.27B shares outstanding, it means a $15.68B Hurd-related market cap drop for HP.
Clearly not the biggest loser here, and having nearly recovered from last month’s particularly messy sexual harassment scandal, Hurd will be joining friend Larry Ellison at Oracle as Co-President.
0
0
1
1
2
2
3
3
4
4
5
5
6
6
7
7Authors: Alexia Tsotsis
Read 5377 times
Published in
News Technologique-Tech News
Last WebDesign
-
Un composant JavaScript de type Excel pour React - react-spreadsheet-grid
Read 46889 times
-
Vérifiez la conformité de vos scripts avec les dernières spécifications ECMAScript - ecma-parser-tests
Read 42846 times
-
Ajoutez des priorités aux requêtes réseaux pour vos applications - Stanchion
Read 44065 times
-
Une bibliothèque JavaScript dédiée à la création de musique midi à partir de vos sites web - WAMs
Read 41280 times
-
Un moteur JavaScript 2D pour vos sites web - Matter.js
Read 49726 times







