For 30 years all of Oracle Corp., maker of the database software that drives thousands of big businesses around the world, has revolved around its founder. Larry Ellison owns a 23% stake worth $18 billion, and he rarely sells. He tweaks Oracle's print ads; he fiddles with its press releases; he peppers techies with arcane questions. "I've run engineering since Day One, and I still run engineering," he says. But Ellison is turning 62 on Aug. 17. Isn't it about time he identified a successor? Bill Gates, 11 years younger, managed to do that.
Source: Irreplaceable? - Forbes.com