Oracle plans to give Hurd $950,000 annual salary

Wednesday, September 8, 2010 - 12:49 in Mathematics & Economics

(AP) -- Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.

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