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Larry Ellison Steps Down As CEO Of Oracle
Unlike Steve Jobs, who almost literally passed away engrossed by his lifetime legacy, his work, that "other" billionaire, Oracle's Larry Ellison, 70 years young, has decided to step aside and focus on the more enjoyable things in life, such as buying Hawaiian islands.
In his departure, he will be appointed to the title of Executive Chairman, and is replaced by Mark Hurd and Safra Catz as joint CEOs of the company.
Just out from the company:
The Oracle Board of Directors today announced that it has elected Larry Ellison to the position of Executive Chairman of Oracle's Board and appointed him the company's Chief Technology Officer. Jeff Henley, who has served as Oracle's Chairman for the last 10 years, was appointed Oracle's Vice Chairman of the Board.
The Oracle Board also promoted both Safra Catz and Mark Hurd to the position of CEO, Oracle Corporation. All manufacturing, finance, and legal functions will continue to report to Oracle CEO, Safra Catz. All sales, service and vertical industry global business units will continue to report to Oracle CEO, Mark Hurd. All software and hardware engineering functions will continue to report to Oracle Chairman and CTO, Larry Ellison.
"Safra and Mark will now report to the Oracle Board rather than to me," said Larry Ellison. "All the other reporting relationships will remain unchanged. The three of us have been working well together for the last several years, and we plan to continue working together for the foreseeable future. Keeping this management team in place has always been a top priority of mine."
"Larry has made it very clear that he wants to keep working full time and focus his energy on product engineering, technology development and strategy," said the Oracle Board's Presiding Director, Dr. Michael Boskin. "Safra and Mark are exceptional executives who have repeatedly demonstrated their ability to lead, manage and grow the company. The Directors are thrilled that the best senior executive team in the industry will continue to move the company forward into a bright future."
But don't cry for Larry: since he owns about 25% of the company, now that Oracle just announced another $13 billion buyback authorization, Larry will get just over $3 billion of that in the coming several quarters.
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Another Robber Baron retires.
Where is Jon Corzine?
We use their HR software, its a piece of shit.
LOL, Larry Ellison is the last person I'd expect to be connected to HR anything. He's a sexual harrassment nightmare.
One Kinky Bastard.
Dude looks good for 70, I had no idea he was that old... I guess that's what you get for being richer than god...
Oh yeah, Peoplesoft sucks big time, but no where near as bad as SAP, holy bejesus...
Have you seen his tits! They are to die for.
So what you're tell me is, he's a fully functional transgender prick
Seen Bruce Jenner?
He looks like he's trying to keep up with the Kardashians.
WTF is wrong with people?
If you can pull it off, rent a Wrangler on Lanai.
Do the island in it, but most importantly, the mud trails up the steep the eastern side of the Lanaihale (inactive) volcano. The missus still hates me for that ride. She was screaming.. and I mean that in the sincerest, high dB way.
It rivals doing the Bavarian Alps autobahn in a big Mercedes at +200 clicks/hr and great sex for a life experience.,
BTW.. don't wear good clothes.. they will all be red from the dirt/dust when you get back to the hotel.
and remember to wear sunscreen...
https://www.youtube.com/watch?v=sTJ7AzBIJoI
wrong thread
LOL. +1000 for reminding me of a similar Maui experience.
[subconsciously strokes scar...]
I have a friend who's net worth is closer to Larry's than mine, and a woman friend of his was asked out (and she accepted) by Ellison back in the '90s. The date ended with her running down the street outside Ellison's house with no shoes while screaming at a cab dispatcher. He wasn't really big on "no" as an answer.
You could also tell which women he'd slept with at Oracle by the sudden appearance of their new Mercedes in the parking lot.
Ah, perhaps he attended Charm School with Bill Clinton, then.
Larry's big into pro tennis. Wonder which one he's banging. Me, Ana Ivanovic is the one I'd invite out to my Hawaiian island.
http://sommetsports.co.nz/wp-content/uploads/2014/01/Ana-Ivanovic.jpg
Scarry she kind of looks like a young female version or Larry Ellison
ORACLE
One Rich Asshole Called Larry Ellison
You probably could tell which women said 'no' by their not returning on the boat they went out on the water with him.
banging his model girlfriends, sailing his million dollar boat out to his millions of dollar boat, kudos larry you won the game.
<--"POSTERBOY" for the ISIL?
<-- Great guy. Misunderstood.
Listen. Time to vote bitchez.
You forgot the fighter jets...
As a bonus, he is a staunch supporter of the Obama/NSA surveillance state. So he fucks his customers harder than he fucks his girlfriends.
Well, that is being into human relations isn't it? Or he into goats too?
You mean he's Greek also?
"In modern U.S. parlance, the term since the mid-nineteenth century had also come to be used to describe unscrupulous industrialists...and stock speculators, who like the Germanic robber barons enriched their own pockets without adding to the common good by adding value." http://en.wikipedia.org/wiki/Robber_baron
Sounds like Ellison and Oracle to me, and Corzine.
Another jew https://en.wikipedia.org/wiki/Larry_Ellison "Larry Ellison was born in New York City to an unwed Jewish mother"
He is replaced by jewish Safra Katz https://en.wikipedia.org/wiki/Safra_A._Catz "Safra Ada Catz (born December 1, 1961) is an Israeli-born American business executive"
Yeah, news flash; they are pretty fucking successful.
Sucks to be you.
Successful as in Fed prints easy money that goes to Wall st which then makes cash available for the select few. A circle of backslappers. His products suck, but all his shit has backdoors just like the other software mofos. Yeah he is a pretty successful criminal, another member of the J Mafia. I wonder if his second passport is the same one as the guys at Google etc... or the ones at Goldman Sachs, who provide him with financing. Or the ones in govt who give him the lucrative govt contracts. He is another parasite that sucks the tax payer tit. Just like Yellen.
I thnk he sold a little software along the way too. Don't get me wrong Larry's a douche,
They said you could catch him on twitcher.
America's Cluck
it's official... Oracle can now Hurd Catz
What the fuck time is it in Scotland ???
9pm
the vote has been rigged to a 'No' by the way
Never underestimate the depth of reach to which the tentacles of Buckingham Palace may go... even to the underside of a Scotman's kilt !
Bullish as a mother fucker!™
Nigel Farage on CNBC has some interesting comments on the Scottish independence vote - in a nutshell - saying that many of the "Yes" crowd are rabid socialists who will adopt the Euro and join the EU if they win. Ick!
http://video.cnbc.com/gallery/?video=3000311901&play=1
Out with the old and in with the new...same as it ever was !
"He wants to keep working full time... " what a motherfucking idiot.
He is not an idiot, it is all he knows. ANd is really good at it. THe stardom of a billion dollars can motivate pretty much anyone. But missing some of the better, simpler things in life, is truely priceless.
Ok, he is still an idiot, good call.
"Buying Hawaiian islands." Is that what they're calling it these days?
Yes, the ultimate in Billionaire prepping: King of an Island.
http://outrightgeekery.files.wordpress.com/2013/10/evil_lair_landscape.png
I wish he would die in an autoerotic asphyxiation act.
Listen. Now it is finally time for the "ROUND" the world sail-off between this POS, Larry and Hasso Plattner.
Don't cheat Larry.
Smart guy u r. Where did u get that from?
Listen. A fucking hydrofoil?! WTF? Total scumbag move, all joking aside.
I thought he was the FoxPro guy? Inside joke for db nerds.
I heard that this guy and his company are evil to their cores.
SH
O.T. - Jack Ma is one ugly m'fker.
Rich, but beaten with an ugly stick. Absolutely fugly.
http://images.businessweek.com/ss/08/09/0929_most_influential/image/jack_ma.jpg
I actually met him one time in Hangzhou. He is just as ugly in person, but a rich mofo so he gets pussy anyways
Has he committed to a suicde pact with Bill Gates as partial atonement for inflicting the public with the two worst software products ever, costing billions of man-hours wasted and trillions in lost productivity?
Listen. Don't forget. All NSA data is belongs to Larry.
If it did, there would be no worries.
Listen. They are called "Oracle Critical Patch Updates".
The days of easy money and rock star CEOs are over. They will be shortly targets for the sheeple. He's heading for the hills. He knows what's coming and he wants to be out of the way.
His stax are so phat that he could hire all the hottest strippers in Atlanta to dance on his dinner table every night with the lint from his pockets. He could fly the entire Cheetah III lounge to his house with bills he dropped on the floor walking to the bathroom.
So what?
That's a legacy?
We use Oracle E-business suite at work and it sucks. Archaic GUI, we made one internally to interface that was more user friendly. We were not well informed about functionality and found we had to buy additional modules. The MRP system blows.
hopefully Larry will get a boost in salary from the $1 a year he's been making.
Jobs died because instead of treating his very treatable cancer with real medicine he tried to treat it with that hippie faggot buddist holistic medicine bullshit. He literally killed himself because of his stupidity.
Listen. What is more important is discovering how such a young vibrant man got "CANCER".
It's well know in Langley and Tel Aviv how to infect. With all that money and intelligence you think he would have been able to figure it out and react to those who killed him.
He sure got sick quick after he told the NSA to feck off and wouldn't let them hard wire into the iPhone. As soon as he was out, bingo, in goes the Tel Aviv NSA.
There's no cure for pancreatic cancer and the only treatment is a PS Hoffman dose of H.
Pancreatic cancer is NOT an easily treatable cancer. I had a relative who got it, was treated by 'real' medicine, even got into an experimental treatment (the regular treatments weren't helping) and died after a couple years. Jobs lasted longer than she did and he regularly worked, so whatever it is he did helped him at least get the most of the time he had left.
>> treating his very treatable cancer
1.8% five year survival rate. Yeah, real survivable, Jackass.
>> real medicine he tried to treat it with that hippie faggot buddist holistic medicine
Well all get to live and die as we choose. I suppose you'd be more comfortable with your right wing macho man Christian Corporate healthcare. Choke on a dick, asshole.
And I'm no Jobs fan, not by a long shot. I just don't like who you are.
My guess is you will live longer doing absolutely nothing, and you won't voluntarily spend the last days of your life fighting radiation poisoning or some other type of chemo poisoining. %1.8 tells me do absolutely nothing or try some Hippie Shit. I would smoke dope like fiend, hmmm, anti-cancer drug.
You might want to rethink your medical belief. Sounds like you're parroting the MSM spew.
Check out Rockefellar Medicine or Death by Injection.
Just 2 examples for the Medical Industrial Complex: You are worth
$350K if you have cancer
$750K diabetes
Heaven help you if you become EHS. They don't have a fucking clue.
Fuck you, you pharma pimping WHORE!
Larry's walked away from mgmt roll before at Oracle, and the stock suffered. But as much as people who work there don't like him, Mark Hurd The Turd is worse. He singlehandedly destroyed what was left of HP's culture and employee morale. He cut benefits and paychecks while pumping up the stock to meet his executive compensation goals. Made over $100M in the 4 years he was there before getting fired. I feel sorry for the Oracle employees, Hurd will make certain their lives get more miserable.
Another model citizen planning his future in Hawaii like Obola
Now I know you are all praying that Planet X actually exists and the resulting flood will cover Hawaii when it passes earth
Are they Fukushima proof?
Yeah I can agree on Larry's younger days and some of the stuff said here but he does have an engineer's brain and that's worth something, a lot as he's had to pull the company out a couple times.
I just figure he's tired of dealing with the board as they want miracles today and at 70 he's probably tired of it and he is the founder and brains and not a for hire CEO so I'll give him that for brains, otherwise there may not be an Oracle around today.
In his older years, earlier this year he did warn folks about being duped with virtual worlds and sucking into what artificial pieces of software can do to you and it's true and as an engineer he's right on. Look how many folks live in a virtual world today and confuse it with real world values. He'll now be the CTO so not going anywhere, just two other folks to deal with the Oracle board:)
http://ducknetweb.blogspot.com/2014/02/larry-ellison-ceo-oracle-hcm.html
Everyone thinks they are LeBron in the virtual world, but doesn't work that way in real world.
Listen. It's disgusting how Americans have their little idols isn't it "MEDICAL".
Lebron. lol. "Yo yo yo he be a balla yo."
Nice American, don't drone me ya perverted fuck.
Hope the Chinese let him stay when Hawaii is converted to equity.
I hope they take both that and Ted Turners quarter of a state, with all his buffalo
Jobs had islet cell neuroendocrine ca of pancreas rather than garden variety pancreatic adenocarcinoma.
He had a pretty treatable condition but probably wasn't interested in hearing it from some bombastic prick oncologist.
So he died instead.
Thanks for pointing that out, as there are about 15 major types of "pancreatic cancer", of greatly varying aggressiveness.
FWIW a friend of mine had a neuroendocrine cancer of the pancreas seven years ago, and looks and feels better than ever after her cure.
larry is my new hero if he can keep interisland fares cheap.
This:
"Oracle Corporation was given a contract by the State of Oregon's Oregon Health Authority (OHA) to develop Cover Oregon, the state's healthcare exchange website, as part of the U.S. Patient Protection and Affordable Care Act. When the site tried to go live on October 1, 2013, it failed, and registrations had to be taken using paper applications until the site could be fixed."
The DEBT always remains.......
Ellison treated San Francisco like the target of a hostile take over when he was negotiating terms for hosting the America's Cup. It left many people, including me, with very negative feelings toward him. I'm sorry his team won, and I'm still suspicious of the miraculous come from behind victory.
Maybe he just hates California politicians and enjoys sticking it to them back. I know I do.
I'm confused. Will Oracle suck more or less now?