{"id":49132,"date":"2014-09-19T06:55:33","date_gmt":"2014-09-19T06:55:33","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=49132"},"modified":"2014-09-19T06:55:33","modified_gmt":"2014-09-19T06:55:33","slug":"oracle-boss-larry-ellison-steps-down","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/09\/oracle-boss-larry-ellison-steps-down\/","title":{"rendered":"Oracle boss Larry Ellison steps down"},"content":{"rendered":"
Oracle boss Larry Ellison is stepping aside as chief executive after 37 years at the helm of the software giant.<\/p>\n
Mr Ellison, estimated to be the world’s fifth wealthiest man, becomes chairman and chief technology officer, remaining an influential presence at the company.<\/p>\n
Mark Hurd and Safra Catz have been named as successors, and become co-chief executives.<\/p>\n
Mr Ellison, 70, co-founded what would become Oracle with Bob Miner and Ed Oates in 1977.<\/p>\n