announced he was stepping down as CEO of Oracle, with Hurd and Catz becoming co-CEOs. Hurd was given control of sales, service and marketing departments, while Catz was to oversee operations, legal and finance departments. Under Hurd, Oracle accelerated its focus on cloud technology and modernized its legacy software to compete with smaller cloud-based firms. In 2016, Hurd said that Oracle's cloud business had grown 82% between 2015 and 2016 as well as invested $5.1 billion into research and development in improving its cloud services. Oracle acquired several cloud-based companies in 2016 under Hurd, including SaaS enterprise resource planning company NetSuite, Textura cloud services for the engineering and construction vertical, cloud-based warehouse management application company LogFire, and Opower, a provider of cloud services to the utilities industry. Personal life Mark Hurd married Elizabeth A. Butler on August 23, 1980; they divorced on October 14, 1987. Hurd and his second wife, Paula Kalupa, an executive with NCR, married in 1990. They had two daughters, Kathryn and Kelly. In September 2019, Hurd announced his intention to go on leave for unspecified health reasons. He also said co-CEO Safra Catz and Oracle founder CTO Larry Ellison would be managing the organization while he was away. Hurd died on October 18, 2019, reportedly of cancer. Bibliography The Value Factor: How Global Leaders Use Information for Growth and Competitive Advantage by Mark Hurd and Lars Nyberg, Bloomberg Press, 2004, Fall 2003 Baylor Business Review "Enterprise Decision-Making" by Mark Hurd, References External links 1957 births 2019 deaths 20th-century American businesspeople 21st-century American businesspeople American chairpersons of corporations American chief operating officers American technology chief executives Baylor University alumni Businesspeople from Queens, New York Hewlett-Packard people NCR Corporation people Oracle employees People from Queens, New York Teradata Archbishop Curley-Notre Dame High School alumni