Oracle CFO Leaves after Four Months of Service
An anonymous reader writes "Oracle's CFO and Co-President Greg Maffei has quit. He will be succeeded by Safra Catz, who has been with Oracle for a while, and it will be interesting to see how long she lasts. Before Maffei, Harry You was CFO for 9 months, and before him was Jeff Henley. What's with the CFO shuffle at Oracle?"
I was with Oracle for 5 years. As I'm no longer with them, I don't fear for my job. AC up there, however, as an Oracle consultant, good call.
Oracle reorgs its stovepipes annually, and there are divisional and departmental reorgs that shake out for months at a time in the aftermath of the larger reorgs. It happens. No big deal.
Safra, I encountered once. Not.the.most.pleasant.experience.of.my.life.
He spent 7 years at MS and 5 years as CEO of 360networks which tanked (he took it through bankrupcy court. So he doesn't have a flighty record or a record of bailing out when the going gets rough. If I were an Oracle shareholder, I'd want to know why Oracle can't keep CFO talent.