Larry Ellison is best-known as the co-founder and CEO of Oracle Corp., an enterprise software company. On September 18, 2014, Ellison announced his decision to step down as CEO.
Early in his career, Ellison worked for Ampex Corporation, where his projects included a database for the CIA which he named “Oracle.” In 1977, Ellison founded Software Development Laboratories (SDL) with two partners. In 1979, the company was renamed Relational Software Inc., and in 1982, it became Oracle Systems Corporation after its flagship product, the Oracle database. Ellison owns stakes in Salesforce.com, NetSuite, Quark Biotechnology Inc., and Astex Pharmaceuticals.