Or­a­cle’s prod­uct chief Kurian steps down

Business Standard - - COMPANIES - NICO GRANT BLOOMBERG

Or­a­cle ex­ec­u­tive Thomas Kurian has re­signed from his post ef­fec­tive im­me­di­ately, less than a month af­ter his leave of ab­sence stoked con­cerns of dis­cord at the world’s sec­ond­largest soft­ware maker.

Kurian, who as pres­i­dent of prod­uct de­vel­op­ment was Or­a­cle’s fourth-high­est leader, will pur­sue other op­por­tu­ni­ties, the com­pany said on Fri­day in a reg­u­la­tory fil­ing. His re­spon­si­bil­i­ties were re­as­signed to other se­nior ex­ec­u­tives in Or­a­cle’s de­vel­op­ment or­ga­ni­za­tion.

Kurian, 51, was said to have had a fall­ing out with Ex­ec­u­tive Chair­man Larry El­li­son, Bloomberg News re­ported ear­lier in Septem­ber. The dis­pute was said to have cen­tered on whether Or­a­cle should make more of its soft­ware avail­able to run on cloud com­put­ing from chief ri­vals Ama­zon.com Inc. and Mi­crosoft Corp. as a way to di­ver­sify from its own strug­gling in­fra­struc­ture. El­li­son was said to have op­posed such a move, a per­son fa­mil­iar with the mat­ter said at the time. On a con­fer­ence call ear­lier this month, Chief Ex­ec­u­tive Of­fi­cer Mark Hurd said he ex­pected Kurian to re­turn to the com­pany from his leave, which was an­nounced on Septem­ber 5.

The de­par­ture ends Kurian’s 22-year ca­reer at the data­base and ap­pli­ca­tions giant, where he climbed through the ranks by over­see­ing prod­ucts that led to sales growth. His fi­nal act — lead­ing Or­a­cle’s tran­si­tion to cloud com­put­ing — was less suc­cess­ful.

PHOTO: BLOOMBERG

Thomas Kurian, prod­ucts chief at Or­a­cle

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.