SAN FRANCISCO (TheStreet) -- Oracle (ORCL) - Get Oracle Corporation Report CEO Larry Ellison ripped the board of Hewlett-Packard (HPQ) - Get HP Inc. Report for its handling of the resignation of former CEO Mark Hurd.
"In losing Mark Hurd, the H-P board failed to act in the best interest of H.P.'s employees, shareholders, customers and partners," Ellison wrote in an email to
The New York Times
, which posted excerpts of the email late Monday. "The H-P board admits that it fully investigated the sexual harassment claims against Mark and found them to be utterly false."
Hurd, who is a friend of Ellison's, resigned late Friday after H-P's investigation determined there was no violation of H-P's sexual harassment policy, but did find violations of H-P's standards of business conduct.
Mike Holston, H-P's General Counsel, said the company had unearthed irregularities in payments made to the contractor, as well as Hurd's expense reports. "It was a systematic pattern of improper expenses and inaccurate reports," he said.
Ellison disclosed in his email to the
that H-P's board voted 6 to 4 in preliminary discussions over the disclosure issue, and later made the decision unanimous. Ellison declined to give the
the source of his information.
Ellison said H-P's board made "the worst personnel decision" since
fired Steve Jobs. "That decision nearly destroyed Apple and would have if Steve hadn't come back and saved them," Ellison wrote, according to the
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Today's Outrage Ellison's Misguided Attack on H-P's Board
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