Larry Ellison, CEO of Oracle Corporation, speaks during the New Economy Summit 2014 in Tokyo, Japan, on April 9, 2014. More than 1,000 business leaders, entrepreneurs, businessmen and students took part in the two-day forum. Ellison on Sept. 18, 2014, stepped down as chief executive of Oracle, handing off the helm of the successful technology company he co-founded in 1977, the company announced. Ellison, who recently turned 70 years old, will be replaced as CEO by in-house executives Safra Catz and Mark Hurd. Ellison will continue to have a hand in the California company's operations as chief technology officer and executive chairman of the board. (Toru Yamanaka/AFP/Getty Images) ( 533539230 )