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Oracle CEO – Larry Ellison

Larry Ellison was born in New York to Florence Spellman, a 19-year-old unmarried Jewish woman. His father was a pilot of the American Air Force of Italian origin. The father was transferred abroad to a new duty station before Spellman realized she was pregnant. When the nine-month-old Larry fell ill with pneumonia, the mother realized that she could not take good care of her child. At the request of his mother, he was taken by his uncle and aunt in Chicago. Lilia Spellman Ellison and Lewis Ellison adopted Larry when he was 9 months old. Ellison did not know what his mother’s name was, and had not met her for 48 years.

He grew up in Chicago, attended school there, and began studying at the University of Illinois in Urbana and Champaign. Due to the death of the adoptive mother he did not take exams after the second year of studies. At the University of Chicago, he first became acquainted with computer technology. In 1964, at 20, he moved to northern California.

In the early 1970s, he worked in companies Amdahl and Ampex. One of his projects at Ampex was the development of a database for the CIA, which he called Oracle.

Ellison was greatly influenced by Edgar Codd’s article A Relational Model of Data for Large Shared Data Banks, which is considered the first work on the relational data model. He, together with two colleagues from Ampex, founded the company Software Development Laboratories (SDL) in 1977. In 1979, SDL was renamed into Relational Software Inc., and a few years later – in Oracle,by the name of the main product – Oracle Database. Knowing about the existence of IBM System R, which was also based on Codd’s ideas, Ellison tried to make the Oracle DBMS compatible with it. However, IBM refused to disclose the source code of the program and it was not possible to ensure compatibility of the DBMS. The first released version was the Oracle v2 database in 1979.

In the 1980s, Oracle was releasing new versions of the DBMS. In 1986, Oracle’s shares began to be quoted on the stock exchange. For three years, the company increased its sales tenfold, which reached $584 million. However, in 1990 the company encountered difficulties announcing losses and had to fire hundreds of its employees.

In September 2014, Ellison resigned as Oracle CEO, having served in this position for nearly 38 years - since the foundation of the corporation, but he remained chairman of the board of directors and took over as director of technology of Oracle Corporation.

Larry Ellison was born in New York to Florence Spellman, a 19-year-old unmarried Jewish woman. His father was a pilot of the American Air Force of Italian origin. The father was transferred abroad to a new duty station before Spellman realized she was pregnant. When the nine-month-old Larry fell ill with pneumonia, the mother realized that she could not take good care of her child.

Assignment ID
100004949
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CREATED ON
30 May 2017
COMPLETED ON
1 June 2017
Price
$48
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