Oracle
Corp. (NYSE: ORCL) founder Larry Ellison will relinquish the chief executive
officer role to Safra Catz and Mark Hurd. The software firm also
reported slightly lower first quarter earnings that missed expectations sending the stock price down $1.75 to close at $39.80.
Oracle's Ellison to step aside
September 19, 2014 at 21:09 PM EDT