Oracle executive chairman Larry Ellison said the software giant won’t hire a second CEO to run the business alongside Safra Catz, deciding not to replace the late Mark Hurd.
Browsing: Larry Ellison
The late Oracle co-CEO was a relentless hustler and loved the art of doing business more than just about any other executive. By Ashlee Vance.
Oracle said CEO Mark Hurd will take a leave of absence for health-related reasons. Founder Larry Ellison and Safra Catz, who shares the CEO role with Hurd, will assume Hurd’s responsibilities during his absence.
Oracle announced on Wednesday that it has secured a cloud-computing alliance with Microsoft, an acknowledgment the database giant’s go-it-alone approach to the cloud wasn’t working.
Oracle founder Larry Ellison has emerged as the second biggest individual investor in Tesla with a holding worth $1-billion in the electric car maker.
Oracle founder Larry Ellison is a big believer in Tesla and defender of his friend Elon Musk.