Oracle's Catz takes on CFO title

Summary:Oracle President Safra Catz will also take on the chief financial officer duties, the company said Monday. The move follows the resignation of current Oracle CFO Jeff Epstein.

Oracle President Safra Catz will also take on the chief financial officer duties, the company said Monday. The move follows the resignation of current Oracle CFO Jeff Epstein.

Epstein had reported to Catz. Oracle added that Catz will become CFO effective immediately.

CEO Larry Ellison said Catz was a natural choice to be CFO because she has the trust of employees, the board and shareholders. Catz's appointment is permanent.

Catz had been CFO from 2005 to 2008. She was also president at the time.

Oracle's Catz has been among the company's leaders as others have come and gone. First, Catz was co-president with Charles Phillips, who is now CEO of Infor. Then Catz was a president as former HP CEO Mark Hurd joined Oracle. Now Oracle has a three-headed leadership team: Ellison, Catz and Hurd.

Topics: Enterprise Software, Banking, Legal, Oracle

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Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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