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Oracle co-CEO Mark Hurd dies at 62

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Oracle Corp's co-chief executive officer, Mark Hurd, passed away on Friday, according to an internal email reviewed by Reuters.

REUTERS: Oracle Corp co-Chief Executive Officer Mark Hurd has died, the business software maker said on Friday, an unexpected development that raises pressure on co-CEO Safra Catz to lead the company's ongoing transition to cloud computing.

Under their tenure, Oracle has been aggressively pushing into cloud computing to make up for a late entry into the fast-growing business. "Mark was my close and irreplaceable friend, and trusted colleague," Ellison wrote in an email to Oracle employees."Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle."

 

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