Thursday, September 18, 2014

CEO Larry Ellison of Oracle takes step aside – De Morgen

CEO Larry Ellison of Oracle takes step aside – De Morgen

09.19.14, 03u38 – Source: Belga

© AFP. Larry Ellison.

Larry Ellison, founder and CEO of software giant Oracle, a step aside. That the American company yesterday let themselves know. He is succeeded by the duo Safra Catz and Mark Hurd.

“We have in recent years, all three worked well together and will continue to do so in the foreseeable future,” said Ellison. Ellison himself remains as chairman and chief technology officer.

Oracle announced on Thursday its quarterly figures are known. For the first quarter included a gain of $ 2.2 billion, or 48 cents per share. Revenue rose 3 percent to $ 8.6 billion.

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