Oracle CFO Maffei to step down

by Mike Ricciuti

Oracle said on Thurday that its CFO Greg Maffei, with the company less than four months, will leave the software maker effective November 15.

"Greg has told us he's looking at a terrific professional opportunity," Oracle CEO Larry Ellison said in a statement. "We wish him well."

In the statement, Maffei said: "My resignation from Oracle is not a reflection on the company, its executives or employees. And I wish Oracle and my former co-workers the very best."

Oracle said co-president Safra Catz will take on the additional responsibility of CFO.

Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.

Topics:: Oracle

Share:: Digg; Del.icio.us; Reddit; Facebook

Recent posts from News Blog: Nvidia puts NForce chipset development on hold; Opera 10 browser is here; Neil Young Archives Blu-ray: Rip off?; Acronis revises survey results about backup habits; Acronis miscalculates data on users' bad backup habits; Flickr co-founder presses beta button; Comcast, Sony open retail store; Cox to try coaxing the Internet into submission

Related: Report: Oracle not yielding to EU with Sun buy; Red Hat and Google share the CIO love; What Red Hat's investment in EnterpriseDB means; CNET News Daily Podcast: More on Microsoft's Sidekick failure; Oracle and Novell Linux: Caught between a Red Hat and a CentOS; Sun to lay off another 3,000 employees; MySQL co-founder: Oracle should sell it; EC formally objects to Oracle buying Sun

About News Blog

Recent posts on technology, trends, and more.

Add this feed to your online news reader

Inside CNET News

Scroll Left Scroll Right

Nanotech - The Circuits Blog
Intel Celeron chip anchors $249 Acer Windows 7 laptop
Best Buy is launching its lowest-advertised-price laptop to date--and it's definitely a laptop, not a Netbook.
Gallery
Images: Firefox through the ages
Crave
Troll Touch adds touch screen to iMacs, MacBooks
The company sells resistive touch screens that can be slipped over the existing panels and connected to the machines via a USB port to impart some multitouch love.
Beyond Binary
Microsoft pulls Windows 7 download tool
Software giant takes down tool aimed at making it easier to put Windows 7 on Netbooks after blogger raises question about whether the software improperly uses open-source code.
Video
Exploratorium's shocking 40th anniversary kicks off
CNET News Daily Podcast
Help us improve the daily podcast
We're re-evaluating the format of the daily news podcast, and we want your help. Tell us what works, what doesn't, and what you want to see more of.
Video
A new workout for the Wii
The Social
A new set of rules for social games
Playfish's $300 million sale to Electronic Arts seems to spell good news for other makers of social-network games, but this is a fast-growing and messy niche filled with one plot twist after another.
Cutting Edge
Winner declared in space elevator race
LaserMotive wins $900,000 in NASA's Space Elevator challenge, where teams compete to see who could drive their space elevator the fastest.
Gallery
Photos: Top-rated reviews of the week
Crave
DIY podcasting with the PM Series Podcaster kit
The PM Series Podcaster kit gives you mostly everything you need to start recording and producing your own podcasts.
Green Tech
iControl adds home energy services to broadband
Start-up iControl is developing a home automation system that includes energy management along with home security or broadband services.