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May. 2, 2012 03:40 PM EDT
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Oracle News Desk Charles Phillips Resigns; Mark Hurd Now Co-President of Oracle
Ellison: "There is no executive in the IT world with more relevant experience"
By: Jeremy Geelan
Sep. 7, 2010 08:30 AM
"There is no executive in the IT world with more relevant experience than Mark [Hurd]" declared Oracle's founder & CEO Larry Ellison yesterday, as Oracle announced that Charles Phillips (pictured), who as Co-President with CFO Safra Catz has evolved Oracle's field culture toward a more customer-centric organization and improved its top line consistency through a period of tremendous change and growth, would be transitioning out of the company to make way for the ex-HP CEO. "I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage. Exadata is just the beginning. We have some exciting new systems we are going to announce later this month at Oracle OpenWorld. I'm excited to be a part of the most innovative technology team in the IT industry." Look out IBM, the enterprise IT space is going to be hotting up to an extent not witnessed for a decade!
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