Update on Oracle Applications leadership change

Here is the text of the e-mail sent out at Oracle by Chuck Rozwat announcing Ed's departure. This note confirms Ed's departure at the end of the month, and indicates that the "legacy" ("Applications Unlimited") team will report to Chuck after Ed's departure (although it has been widely rumored that the legacy apps will be reporting to Thomas Kurian).

Ed Abbo will be leaving Oracle as of June 30th. He has decided that his next career objectives can be best met outside of Oracle. Ed’s contributions and presence will be missed.

Some of you may not be aware of this, but Ed has had two separate “tours of duty”. He joined Oracle out of graduate school as part of the winter class of '86, and was part of the team that built Oracle's first internal customer support system. He also worked in Oracle Consulting when it was first established and later in the Sales organization as part of the Strategic accounts team.

He joined Siebel Systems in early 1994 where he held a number of positions leading to CTO and head of engineering, where he was at the time of the Siebel acquisition in late 2005. Ed led the effort to secure Oracle’s clear leadership in the CRM market through the Siebel Product Line and the fast growing CRM On Demand business. In 2007, he was asked to take on the additional responsibility to run the Applications Unlimited group. During this time, Ed has been the “face” of Oracle Applications to our customers, analysts and press, delivered on the Applications Unlimited commitment to continued product releases and innovation across Oracle's Application product lines, and established a strong organization and leadership team that will ensure our continued success.

Please join me in thanking Ed for his significant contributions to Oracle, and in wishing him good fortune in his future endeavors.

As of July 1, I will be directly managing the Applications Unlimited Group.

Chuck

Good luck to Ed (and Thomas, and Chuck, and all the team)!