Larry Ellison got just what he wanted. Instead of everyone criticizing his leadership when Oracle reported that it had missed both its sales and profit estimates yesterday, they’re talking about his heralded career and how he just ceded his CEO position to become the company’s CTO.
Not only is he being called a visionary and one of Technology’s foremost luminaries, but a CEO who has planned well for his succession.
All of this is true, of course, but so is something else.
The only thing that actually has changed at Oracle is a few job titles.