Larry Ellison, founder and CEO of Oracle since 1977, has passed the torch to not one but two successors: copresidents Mark Hurd and Safra Catz. Ellison will remain part of the executive cadre in the position of CTO. He also will serve as chairman of the board. The announcement, which came late Thursday, prompted equal parts reflection and speculation. Ellison is credited with helping to usher in computing and enterprise software’s golden age. He was one of corporate America’s most colorful CEOs, entertaining legions with his various exploits.
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Ellison Hands One Rein to Catz, the Other to Hurd
Posted by: Erika Morphy September 19, 2014 01:01 PMLarry Ellison, founder and CEO of Oracle since 1977, has passed the torch to not one but two successors: copresidents Mark Hurd and Safra Catz. Ellison will remain part of the executive cadre in the position of CTO. He also will serve as chairman of the board. The announcement, which came late Thursday, prompted equal parts reflection and speculation. Ellison is credited with helping to usher in computing and enterprise software’s golden age. He was one of corporate America’s most colorful CEOs, entertaining legions with his various exploits.