"Our search for a new leader to return HP to sustained success has been focused and thorough," Dunn said in a statement. "Mark came to our attention because of his strong execution skills, his proven ability to lead top-performing teams, and his track record in driving shareholder value."
Hurd will begin his tenure at HP officially on April 1 and will join the HP board.
NCR said Tuesday that Hurd was resigning immediately. NCR board member James Ragland was named interim chief executive. The NCR board has begun a search for a permanent replacement.