Oracle CEO Larry Ellison has slammed Hewlett-Packard for hiring former SAP CEO Leo Apotheker to become its new CEO.
In an e-mailed statement to The Wall Street Journal, Ellison said that he didn't have the words to describe his reaction after he found out that HP's board had hired Apotheker as a successor to former CEO Mark Hurd.
“HP had several good internal candidates…but instead they pick a guy who was recently fired because he did such a bad job of running SAP,” he wrote.
Ellison is not new to HP bashing. Previously he had issued a similar statement, criticising HP's board members for the dismissal of former CEO Hurd.
In his latest e-mail, Ellison wrote: “None of the HP board members own much HP stock so they have little to lose. But the HP employees, customers, partners and shareholders will suffer.”
An HP spokesperson has said that Ellison's comments didn't deserve the dignity of a reply.