Friday, June 24, 2005

WSJ.com - Oracle's Ellison Recruits Maffei To a Senior Role

WSJ.com - Oracle's Ellison Recruits Maffei To a Senior Role: "The software industry's self-styled consolidator just hired a new right-hand man.
Six months after Oracle Corp. Chief Executive Officer Larry Ellison completed his $10.6 billion acquisition of PeopleSoft Inc., the billionaire software maker has recruited Gregory Maffei, an industry executive known for aggressive deal making at archrival Microsoft Corp., to become Oracle's president and chief financial officer.
Mr. Maffei was Microsoft's chief financial officer through a period of expansion in the 1990s and has been serving as chairman and CEO of telecommunications provider 360Networks Corp.
Mr. Maffei, 45 years old, assumes his new role immediately. He will oversee the company's finance, legal, human-resources, manufacturing, distribution, administrative and real-estate operations."
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