King Ellison Abdicates As Oracle CEO

Posted by brideoflinux on Sep 19, 2014 12:27 PM EDT
FOSS Force; By Christine Hall 		Mail this story
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You’ve no doubt already heard that Larry Ellison stepped down this afternoon as CEO of Oracle, though he’ll be sticking around for a while in his new position as executive chairman. In other words, he’s still the boss by way of being the boss’s boss – and by dint of the fact that he remains the company’s biggest shareholder with a 25% stake in the business.

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