Hurd tells CNBC that he's happy at the business software maker and doesn't expect to be going anywhere.
Microsoft CEO Steve Ballmer announced in August that he planned to step down as head of the Redmond, Wash., company within the next year.
Hurd's name has been floated as a possible replacement. Other potential candidates include current Ford Motor CEO Alan Mulally.
Hurd told CNBC on Tuesday that he's very happy at Oracle, but didn't deny being contacted by the world's largest software maker.