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Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.
Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.
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September 18th, 2014
05:37 PM ET
Oracle founder steps down as CEO
(CNN) – Three days after CNN's "The Lead with Jake Tapper" reported that unpatched security holes in software from tech giant Oracle could have exposed sensitive information on tens of thousands of people, CNN has learned that Oracle founder Larry Ellison is stepping down as CEO, the position he's held since 1977.
But he's not leaving the company altogether. Ellison will hang on as the executive chairman of Oracle's board and chief technology officer.
Forbes lists Ellison as the fifth-richest man in the world.
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