Larry Ellison Stepping Down as Chief of Oracle

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Larry Elisson By Schreibvieh

Larry Ellison, CEO of Oracle is finally stepping down!

He’s not leaving Oracle but as part of succession planning will be moving into the Executive Chairman role. He is one of the co-founders of Oracle and started the enterprise in 1977.

The CEO responsibility will be shared between Mark V. Hurd and Safra A. Catz.

Oracle Board Appoints Larry Ellison Executive Chairman and CTO.

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