Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over
Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user conference, a year after the company promoted Clay Magouyrk and Mike Sicilia to co-chief executives. Magouyrk built the cloud business whose European proposition is a sovereign region operated by EU legal entities, a product Ellison never had to sell.
Larry Ellison has been missing from Oracle’s earnings calls this year, Bloomberg reported, and the company is billing next month’s user conference keynotes without him.
He has been Oracle’s public face since he founded it, and stayed there after giving up the chief executive title in 2014. One of his few previous absences was for a yacht race.
The billing changed because the company did. Oracle promoted Clay Magouyrk and Mike Sicilia to co-chief executives last September, with Safra Catz moving to executive vice chair.
Ellison is 82. He...
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