Oracle Leader Ellison Is Not 'Stepping Down' - InformationWeek

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Oracle Leader Ellison Is Not 'Stepping Down'
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moarsauce123
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moarsauce123,
User Rank: Ninja
9/20/2014 | 7:40:31 AM
Re: If the roles aren't changing...
When you look at the small print in the releases you will see that earnings are down. The title shuffle is an appeasement to gullible shareholders.
moarsauce123
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moarsauce123,
User Rank: Ninja
9/20/2014 | 7:38:44 AM
Re: Retreat without defeat
In comparison to line of business workers the C-level salaries didn't drop enough. Nobody at any company is worth that thesefolks are getting. Cut the position and the person and business will go on as it did before and maybe even do better. Hire a greeting uncle from the local Wal-Mart to act as spokesperson for shows and other functions.
D. Henschen
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D. Henschen,
User Rank: Author
9/19/2014 | 12:41:08 PM
Re: Retreat without defeat
Top-executive salaries already took a big hit, but the real pay windfall is in stock options. We'll see how that plays out. I'm not sure whether CEOs necessarily trump all others when it comes to stock option grants.
Charlie Babcock
IW Pick
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Charlie Babcock,
User Rank: Author
9/19/2014 | 12:25:33 PM
Retreat without defeat
If you're board chairman and CEO, you can't demand the pay that the person directly responsible for the company's performance can. Why would Larry agree to such a post with reduced prospects? Because he's astute enough to see that Oracle's salad days are over and there may be a long, slow decline coming, one for which he wouild be held responsible. Large investor groups were restive on the pay vs. performance issue. This is a retreat without defeat strategy.
D. Henschen
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D. Henschen,
User Rank: Author
9/19/2014 | 11:01:22 AM
Re: If the roles aren't changing...
Nowhere in Oracle's press release did it say "retirement," and none of the top-three execs used that word, either. Ellison has long left the corporate BS and operational day-to-day to Cats and Hurd. He's about big-picture strategy and the technology.

So there is no real change, but the mainstream press has fallen in love with this inaccurate "retirement" story and they're milking it for all it's worth. The pursuit of page views over any interest in reporting accuracy.
jries921
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jries921,
User Rank: Ninja
9/19/2014 | 10:36:22 AM
If the roles aren't changing...
...then why should the titles?  I suspect there is more going on here than is being announced.  In  any case, Larry Ellison is still king; Safra Catz and Mark Hurd are merely senior ministers who could be dismissed at any time.

 


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