New addition to top black corporate executives.
BLACK ENTERPRISE black "digerati The "digital elite." People who are extremely knowledgeable about computers. It often refers to the movers and shakers in the industry. Digerati is the high-tech equivalent of "literati," which refers to scholars and highly educated individuals. "Technorati" is another variation. See jitterati." Charles Phillips was promoted to share the position of co-president of Oracle Corp., along with fellow former vice president Safra A. Catz The announcement came after Lawrence J. Ellison stepped down as chairman but remained as CEO, and CFO Jeff Henley succeeded Ellison as board chairman as part of the company's executive realignment. Phillips also was named to Oracle's board of directors. "Chuck Phillips is that rare individual who understands both the customer and technology Over the years he has earned the trust and respect of people throughout the industry," Ellison said The 44 year-old executive came to the Redwood Shores, California-based database and software company last May, after a stellar career as a Financial analyst commenting on trends and players in the software market. Prior to Oracle, he worked for Morgan Stanley Dean Witter and, in 2000, was ranked No 1. financial analyst by TheStreet.com
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