Microsoft Reportedly Looking at Mark Hurd for CEO and 2 Other Dow Movers to Watch
Microsoft Corp. (NASDAQ:MSFT): Current price $34.47
According to The Wall Street Journal, Microsoft is said to be looking at Oracle president and former Hewlett-Packard chief Mark Hurd in its search for a new chief executive. Hurd is reportedly one of a minimum of eight outsiders approached by Microsoft to replace current CEO Steve Ballmer. As chief of Hewlett-Packard, Hurd became renowned for managing costs, although critics contend that he went too far. However, he exited suddenly, in 2010, during a flurry of claims of improper behavior that included a sexual harassment complaint.