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Oracle has been run by the three of them for awhile now. This is most likely a reduction in the responsibilities for Larry (ie. not getting flak for skipping ou
by keebEz 12y ago
Oracle has been run by the three of them for awhile now. This is most likely a reduction in the responsibilities for Larry (ie. not getting flak for skipping out on earnings calls/keynotes when he wants to watch his boat race) and thus mostly a change in title without significant change to operations (other than messaging to the Street what the succession plan is).
- j_baker 12y agoYeah, I think Ellison is heading for a "phased" retirement. Eventually, he'll give up the CTO role and just be Chairman. Then he'll give up the Chairman role (perhaps when he dies).
- shouldbeworking 12y agoI don't see becoming CTO as heading for retirement. If he wanted to semi-retire he could adopt some other title like Chief Software Architect. Also your mention of his eventual death sounds insulting. There are plenty of better things to pick apart Ellison for besides his age, and he isn't all that old. There isn't a single mention of his health in the wikipedia article about him: http://en.wikipedia.org/wiki/Larry_Ellison http://en.wikipedia.org/wiki/Larry_Ellison
- commandar 12y agoI didn't read it as an attack so much as saying that Ellison may very well never step away from the company, short of being forced to by death.
- atlantic 12y agoIt's odd that you would see a reference to someone's eventual death as an insult. For a 70-year-old man, death looms large, whatever Wikipedia has to say on the subject.
- mathattack 12y agoI think you're right. At first I thought it would be to bring out a knife fight. In reflection, it seems like they're going towards a triumvirate similar to Google. Larry wants to be Eric Schmidt, but can't be if he's got the CEO title. Everyone would defer to him for everything.