Posted by: Mark Fontecchio
Oracle president Charles Phillips
Well, that didn’t take long. Former Oracle President Charles Phillips, who was unceremoniously dumped — um, sorry, he resigned, that’s right — from Oracle last month has found a CEO job at Infor, an enterprise software company for small and medium-size businesses (SMBs).
Phillips was dropped in favor of Mark Hurd, the former CEO of HP and friend of Oracle CEO Larry Ellison. Phillips was credited with leading Oracle toward acquiring dozens of companies over the course of his seven-year tenure at Oracle, including the purchases of BEA Systems, Siebel, PeopleSoft and Sun Microsystems. Prior to Oracle, he was at Morgan Stanley and before that, he was a captain in the U.S. Marines.
Phillips had something of a tumultuous end to his career at Oracle. In January, a billboard popped up in Times Square showing a picture of Phillips with his former mistress, YaVaughnie Wilkins. There were also billboards put up in San Francisco and Atlanta. They were put up by Wilkins, apparently to embarrass the married Phillips. Phillips admitted the affair.
Then in July, Phillips claimed that Oracle could spend up to $70 billion in acquisitions over the next five years, or about double what it spent in the last five years. Oracle scrambled to take the message back, essentially rebuking Phillips publicly and saying the company doesn’t even have a five-year acquisition budget.
Then HP dumped Hurd for expense report issues and deceit to the board. Ellison jumped at the chance to hire Hurd, and Phillips’ days were numbered.