Oracle confirms sales chief has 'resigned'

Summary:Oracle revealed overnight that executive vice-president Keith Block has resigned, confirming earlier reports that he would depart after nearly three decades.

Oracle revealed overnight that executive vice-president Keith Block has resigned, confirming earlier reports that he would depart after nearly three decades.

Keith Block

Keith Block
(Credit: Oracle)

The company's shares dipped, following the swirling rumours that Block would leave. Oracle said he has resigned to "pursue other opportunities".

His sales unit accounts for around half of all Oracle's business, according to the latest figures from the company.

Despite his resignation, effective 18 June, Block will help with the transition process in the database giant during the coming weeks and months. Some of his responsibilities were handed to other Oracle senior staff.

Having said that, it remains unclear exactly how he left: whether he walked away under his own steam or was pushed out by senior management.

The sales executive made headlines, following critical remarks to Oracle president Mark Hurd and its Sun Microsystems division, in an internal instant message exchange that became public.

"Nobody talks about Sun. Even the Sun customers. It's dead, dead, dead," Block said in 2011.

He also likened Sun's hardware as a "pig in lipstick at best" following the disclosure of the instant message communications during Oracle and Hewlett-Packard's litigation warm-up match.

Oracle reported better than expected fourth-quarter earnings, early on Monday afternoon, bumping the announcement by a few days.

Via ZDNet US

Topics: IT Employment, Oracle

About

Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.

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