Lawrence J. Ellison
Lawrence Ellison has been CEO of Oracle Corporation since he founded the company in 1977 with two colleagues from a previous position at the Amdahl Corporation, where he had helped build the first IBM-compatible mainframe system. The company, originally named Software Development Labs, won a contract to build an innovative relational database management system for the CIA, with the code name Oracle. After finishing the project a year ahead of schedule they developed a commercial application for the concept, which they also named Oracle. IBM soon adopted Oracle for its mainframe systems, and Ellison renamed the company Oracle Corporation after its best-selling product. Oracle has been the industry leader in database management software since 1992, and is a pioneer in providing business applications on the Internet. Ellison has served as president of Oracle from 1978 to 1996 and as the chairman of its board in 1990-92 and 1995-2004, as well as CEO. In addition to his business achievements, Ellison races yachts, and joined the crew of the BMW Oracle racing team to win the America’s Cup in 2010. He has his principal home in Woodside, California.