Oracle CEO Larry Ellison married his fiancee of eight years, romance novelist Melanie Craft, over the winter holidays, the couple said Tuesday. They married on December 18 at Ellison’s 45-acre Japanese-style compound in Woodside. The ceremony was attended by Ellison’s best friend, Apple CEO Steve Jobs, and his wife, Laurene. Jobs did double duty as the official wedding photographer. Read More
Oracle chairman and CEO Lawrence Ellison, who resigned from Apple’s board of directors in September, exercised options and acquired 70,000 shares of Apple, reports Reuters. The options were exercised on November 18 and he acquired 60,000 common shares for US$11.50 each and 10,000 shares for $13.99 each, according to a Securities and Exchange Commission filing.
Read MoreIn a press release issued today, Apple announced that Lawrence J. Ellison, chairman and CEO of Oracle, is resigning from Apple’s Board of Directors. “I will continue to offer my advice to Steve and the executive management team at Apple, but my schedule does not currently allow me to attend enough of the formal board meetings to warrant a role as a director,” said Ellison in a statement.
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