Software
Oracle Taps New Financial Chief
Ivy Lessner
08/27/08 - 05:34 PM EDT
SAN FRANCISCO -- Business software developer Oracle(ORCL Quote) named a new chief financial officer Wednesday who has a strong background in the online advertising and marketing worlds.
Jeff Epstein, who most recently was the CFO of privately held game developer Oberon Media, will report to current CFO and Co-President Safra Catz beginning in September.
A company spokeswoman confirmed that Catz will continue to serve as co-president with Charles Phillips.
"Jeff's expertise in global operations and finance will further strengthen Oracle's senior management team," Oracle CEO Larry Ellison said in a press release.
Epstein has spent much of his career at companies in the online marketing and media world. He was previously CFO at display-advertising business DoubleClick while it was a public company. DoubleClick, later bought by a private-equity firm, was acquired recently by Google(GOOG Quote).
According to Oracle, Epstein also held the CFO role at King World Productions, an affiliate of CBS Studios, and at the marketing services firm ADVO, which is now known as Valassis(VCI Quote).
Epstein is a director on the boards of Priceline.com(PCLN Quote) and MDC Partners(MDCA Quote).