Wednesday, August 11, 2010
Do You Want This Man As Your Defender?
Larry Ellison, founder and CEO of Oracle, has blasted the HP board for firing Mark Hurd. There is a question whether Hurd would want Ellison as a defender. Ellison himself is an imperial CEO who appears to dominate his board. Even if Ellison is right in his criticism, it doesn't help Hurd that Ellison is making it. As noted here, we are no longer in an era when CEOs are kings of companies. They are hired hands reporting to boards. Ellison is a throw-back, and there won't be many more like him except in founder-dominated companies. I suspect Ellison gives his PR department more than a few challenges with his behavior.
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