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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Boehner opens door to cutting U.S. oil tax breaks 25 Apr 2011 UPDATE 1-Boehner opens door to cutting U.S. oil tax breaks 25 Apr 2011 Four dead in Arkansas as floods, tornadoes hit again 1:00am EDT Woman mauled to death by pit bulls in New Mexico 25 Apr 2011 Five women brutally murdered in Mexico beach resort 23 Apr 2011 Discussed 140 Texas governor calls for prayers for rain 135 Obama sees no magic bullet to push down gas prices 64 U.S. sends drones to Libya as battle rages for Misrata Watched Taliban prisoners escape Afghan jail Mon, Apr 25 2011 NATO jets bomb Gaddafi compound Mon, Apr 25 2011 Afghans show prison break tunnel Mon, Apr 25 2011 Oracle replaces CFO as Safra Catz gets the job again Tweet Share this BOSTON (Reuters) - Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping its president Safra Catz to do the job. The company said on Monday that CFO Jeffrey Epstein resigned, but did not give... Email Print Factbox Factbox: Are you a white collar criminal? Wed, Apr 20 2011 Related News UPDATE 3-Celestica seeks new markets, adds jobs Thu, Apr 21 2011 UPDATE 2-Janus Capital profit up 21 pct; names new CFO Thu, Apr 21 2011 VMware beats forecasts, shares jump Tue, Apr 19 2011 UPDATE 2-Embraer says Q1 deliveries dropped, backlog rises Mon, Apr 18 2011 Related Topics Technology » Stocks The company logo is shown at the headquarters of Oracle Corporation in Redwood City, California February 2, 2010. Credit: Reuters/Robert Galbraith BOSTON | Mon Apr 25, 2011 5:44pm EDT BOSTON (Reuters) - Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping its president Safra Catz to do the job. The company said on Monday that CFO Jeffrey Epstein resigned, but did not give a reason. Epstein, who joined Oracle in September 2008, could not immediately be reached for comment. Epstein had little visibility with investors. During quarterly earnings conference calls, it was Catz who read the company's closely monitored profit forecasts and not Epstein. Epstein reported to Catz and not to Chief Executive Larry Ellison. "The CFO role at Oracle is different from the CFO role at other companies. It's not as high profile," said Jefferies & Co analyst Ross MacMillan. The company's presidents have decision-making authority in many areas that would typically fall under the CFO at a large corporation, MacMillan said. Catz, who has been a president of Oracle since 2004, concurrently served as chief financial officer from November 2005 to September 2008. Oracle shares fell 1.1 percent to $34.40 in extended trade. (Reporting by Jim Finkle. Editing by Carol Bishopric and Robert MacMillan) Technology Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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