The former chief executive of Hewlett-Packard Mark Hurd, who resigned from the company amid a scandal, has joined rival tech giant Oracle Corp as its president and member of the board.

Hurd is a close friend of Oracle CEO Larry Ellison will replace outgoing president Charles Phillips, according to a company statement. Phillips was working in the company as a co-president along with Safra Catz who will continue her services with Hurd.

Hurd resigned from the company on August 6 after HP investigated sexual harassment charges laid on him by an external marketing contractor, Jodie Fisher. HP did not find evidence of sexual harassment but confirmed that it found inaccurate expenses details related to Fisher.

The company had said that the expenses report was to hide "close personal relationship" with Fisher, who has been an actress and also appeared on some TV shows.

Oracle is among the top three software makers in the world and competes with HP on various fronts. Ellison said in a statement on Monday, "Mark did a brilliant job at HP and I expect he'll do even better at Oracle."

"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," said Hurd in a statement on Monday.