Larry Ellison Steps Down as Oracle’s CEO

Continues on as chairman

Larry Ellison has stepped down from his position as Oracle’s chief executive after a 37-year career. He will now serve as the tech company’s executive chairman and chief technology officer, as announced on Thursday.

According to Dr. Michael Boskin, presiding director of the Oracle board, Ellison will now focus on product engineering, technology development, and strategy. Previous chairman Jeff Henley will now serve as vice chairman.

The CEO role will be split by Safra Cruz and Mark Hurd.

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