Close
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Database
    • Database

    Speculation Swirls over Maffeis Exit from Oracle

    By
    Renee Boucher Ferguson
    -
    November 14, 2005
    Share
    Facebook
    Twitter
    Linkedin

      Greg Maffeis departure earlier this month as Oracle Corp.s chief financial officer and co-president has led to much speculation as to why the ex-Microsoft Corp. official would leave after only four months on the job.

      Maffei resigned to take the CEO job at Liberty Media Corp.

      Industry analysts have suggested two scenarios that might prompt a CFO to leave such a prestigious post: personality conflicts among executives or something amiss in the companys finances.

      Jeff Walker, a former CFO at Oracle, said the Redwood Shores, Calif., companys fiscal conservatism ensures there is nothing wrong with the books at the worlds second-largest software developer.

      /zimages/4/28571.gifClick here to read more about Maffeis new job.

      Rather, Oracle hired a guy who couldnt keep pace, Walker said.

      “Oracle is a very fast-moving company, and they introduce change quickly,” said Walker, now the chairman and chief technology officer of TenFold Corp., in South Jordan, Utah.

      “They expect their executives to do the same. You hire an ex-Microsoft guy, and I dont think Microsoft ever moved that quickly.”

      During his tenure at Oracle—as CFO and as head of the applications division—Walker said he worked long hours six to seven days a week, with constant travel and constant change.

      /zimages/4/28571.gifRead more here about Oracles recent history with CFOs.

      Maffeis rationale for leaving Oracle was a “terrific professional opportunity.”

      Oracle has settled any future CFO issues by appointing Safra Catz—who shares the co-president role with Charles Phillips—to the permanent role of CFO.

      /zimages/4/28571.gifCheck out eWEEK.coms for the latest database news, reviews and analysis.

      Renee Boucher Ferguson
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×