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Larry Ellison has stepped down as Oracle's CEO. While Ellison didn't give any specific reasons for the move, we can only assume it's to spend more time with the girls in hula skirts on his Hawaiian island. Hell, isn't that what you'd do if you had his money.
Oracle's sometimes bombastic frontman, CEO Larry Ellison, is stepping down from leading the company and handing off to now co-CEOs Mark Hurd and Safra Catz. Ellison will become chief technology officer and executive chairman of the board. Jeff Henley, Oracle's chairman for the last decade will be vice chairman of the board.