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Report: Oracle co-CEO Mark Hurd dies at 62

Mark Hurd. Photo: Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Mark Hurd, co-CEO of Oracle, died on Friday, according to CNBC. Hurd, who was 62 years old, had taken a leave in September for unspecified health reasons.

Why it matters: Hurd became co-CEO in 2014 after four years as president of Oracle. He joined Oracle after resigning as chief executive of Hewlett Packard, where his five-year tenure revived the struggling firm's finances but also included a string of controversies, including sexual harassment claims and revelations that the company tried to spy on journalists.