“Larry Ellison announced Thursday he has agreed to step down as CEO of Oracle, the software powerhouse he co-founded,” Jon Swartz, Matt Krantz and Brett Molina report for USA Today.
“Mark Hurd and Safra Catz, co-presidents of Oracle, will take the role as CEO,” Swartz, Krantz and Molina report. “Catz will handle all manufacturing, finance and legal functions at the company, while Hurd manages ‘sales, service and vertical global business units.’
“Ellison, 70, founded the database giant in 1977 and has turned the company into the king of high-end business-focused software,” Swartz, Krantz and Molina report. “He will remain with the company as the board’s chairman and chief technology officer.”
Read more in the full article here.
So the big question is why???
And I’m not talking about the pr answer – what’s the real answer?
Time to enjoy the time left and develop Lanai into a monumental place.
Time to seek the LORD, that is.
And he(Jesus) spake a parable unto them, saying, The ground of a certain rich man brought forth plentifully:
and he reasoned within himself, saying, What shall I do, because I have not where to bestow my fruits?
And he said, This will I do: I will pull down my barns, and build greater; and there will I bestow all my grain and my goods.
And I will say to my soul, Soul, thou hast much goods laid up for many years; take thine ease, eat, drink, be merry.
But God said unto him, Thou foolish one, this night is thy soul required of thee; and the things which thou hast prepared, whose shall they be?
So is he that layeth up treasure for himself, and is not rich toward God
Luke 12:16-21
I don’t think he givestwo fuscks about that crap
Too bad. He should.
I’m curious why the statement said he agreed to step down, rather than saying he decided to step down ?
Exactly, “agreed” implies that he was asked to step down.
I’m surprised to know he’s 70 (I thought he was in his late 50’s). That’s probably the reason.
Yeah, that’s surprising to me too. I thought he was early 60s.
Is Oracle one of the few non-Apple companies to make good software and hardware. I remembered we had to take a class on how to use Solaris, and I thought it was surprisingly good to use, and was stable. It is obviously meant for computer geeks, but I do respect Oracle, and the operating systems that they make.
You mean Sun Solaris?
Oracle is the MS of database companies.
Agreed. Their e-business ERP system is Microsoftonian to be kind. It is god awful, slow, user interface sucks, and surprisingly, I believe I read this is the erp software Apple uses.
Sadly, Larry Ellison is remaining as CTO (Chief Technology Officer), which means he’ll still be overseeing the Java, gawd help us, and the Open Source projects Oracle has devoured and run onto the rocks.
What a scallywag be Larry Ellison! Arr.
So I take Oracle isn’t that good. I guess we will never find a good non-Apple Apple-like company anytime soon.
Many companies successfully run Oracle software. The only stuff I bash is what Oracle has acquired from elsewhere then ruined. They turned Java into the single most dangerous software anyone can run on the Internet. This is quite a contrast to the original vision of Java as becoming the single most safe, as well as cross platform, software one could run on the Internet. Well done Oracle. Golden goose successfully road killed. 😛
I bet Crazy Larry and Whacky Woz would make an awesome comedy duo.