Short: Oracle board member resigns
Oracle announced the resignation of James A. Abrahamson from its board of directors, effective October 14. Abrahamson joined Oracle as chairman in 1992 as part of an effort by CEO Larry Ellison to add a measure of stability to the company's turbulent management ranks after the database company suffered a financial loss in 1991. He stepped down as chairman last year, but remained a director of the company. Abrahamson will devote his efforts to his own investment banking firm, International Air Safety, which specializes in air traffic control technologies.
Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
announced the resignation
of James A. Abrahamson from its board of directors, effective October 14.
Abrahamson joined Oracle as chairman in 1992 as part of an effort by CEO
Larry Ellison to add a measure of stability to the company's turbulent
management ranks after the database company suffered a financial loss in
1991. He stepped down as chairman last year, but remained a director of the
company. Abrahamson will devote his efforts to his own investment banking
firm, International Air Safety, which specializes in air traffic control
technologies.