World he appears to be following in footsteps of bill gates. He made a salary of 77 million last year, but no indication how changing titles will impact his pay. Ora cell made him rich. Forbes ranks him worth 51 billion. He has mansions, owns moef of the island of lanai in hawaii and can afford to engage in yacht racing. A race the team won two times. But is the team of katz, herd and ellison going to be moving oracle some . The ship with sail best with one captain. You dont tend to give that up in the midst of something of a storm. According to glass door, ellison steps down with a 76 Approval Rating from employees. National average is 65 . Mark herk had just 34 approval when stepping down at hewlettpackard. A man charged with starting one of the biggest forest fires of the season faces arraignment tomorrow. The 37yearold Wayne Huntsman being held on bail following arrest yesterday, accused of setting the king fire near Pollock Pines in the sierra that now threatens thousands of homes
The chief executive at oracle. Good evening. Intense, hyper, competitive, tough to work for is how hes been described but tonight the man with a vision and wife had enough at the top of the corporate food chain. David, it a surprise from the outside. Surprising and boy, did you describe him well. You ne, the names are intertwined. Well, ellison decided to share duties with two successors. Reasoning isnt clear. At age 70 hes been at the helm for 37 years. Longest run of a tech company ceo, but not going away. He will be chairman and chief technology officer. It allows him to focus on engineering at a time when the company is facing competition the big announcement came when esh earnings missed expectations and has growth challenges Terry Connelly is a former investment banker at Golden Gate University school of business. He wants to make it the biggest Cloud Company in the world he appears to be following in footsteps of bill gates. He made a salary of 77 million last year, but no indic
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