Oracle CEO Ridicules HP's Newly Appointed CEO

Oracle CEO Lawrence Ellison has blasted HP for ousting former CEO Mark Hurd already and now he's mocking the company a bit more. He thinks its entire board is insane for appointing Leo Apotheker as its new CEO:

I'm speechless...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. 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...The HP board needs to resign en masse…right away. The madness must stop.

Ouch. Guess he won't be sending Leo a fruit basket to congratulate him on the new gig. [Business Insider]