Oracle says Larry Ellison is stepping aside as CEO of the company he founded. The business software maker promoted Safra Catz and Mark Hurd to replace him as co-CEOs.
“We thought journalistically and from a tone standpoint, we needed to have the appropriate tone and coverage,” – CBS Sports chairman Sean McManus
Yahoo Chairman Roy Bostock and three longtime board members are leaving the troubled Internet company.
A major Yahoo shareholder seeking to oust Chairman Roy Bostock is urging company co-founder Jerry Yang to join the crusade.
Google CEO Eric Schmidt got a huge raise after he gave up the top job to take on a new role at the company.
Chevron Corp. said its top executive made$14 million last year, according to an Associated Press analysis.