Oracle executive vice-president, Gary Bloom, who was widely tipped to eventually take over from chief executive, Larry Ellison, is to head up Veritas Software.
The news coincides with an announcement that Ray Lane, former Oracle president and chief operating officer, has joined the board of Asera, a private business that intends to compete with the database giant.
Bloom's departure comes four months after Lane's abrupt resignation and leaves Oracle with no obvious heir. It has been reported that Bloom, a 14-year Oracle veteran, believed he would one day replace Ellison, but insiders felt he lacked leadership experience. Bloom joins Veritas, a data storage software vendor, as president and chief executive.
In a statement, Ellison said: "Gary is joining a key Oracle partner. With Gary at Veritas we expect an already close relationship to grow even closer." He added: "We are very proud of Gary."
Bloom said: "Oracle's partnership with Veritas gave me a unique perspective into its business. I watched as it established a strategic position in the market, and became a key technology supplier worldwide."
Meanwhile Lane, who is also a general partner at venture capital firm Kleiner Perkins, will help lead Asera's efforts in the ebusiness software market. The company plans to make multivendor software packages work together more efficiently while providing customers with the ability to create new functions.
He said: "Customers are looking for less risky ebusiness alternatives that deliver the fastest return on investment." Asera is headquarted in Silicon Valley and has offices in the UK and Germany. Customers include BP Chemicals, Wyse and Cadence.
Prior to Lane's departure, which was quietly announced over the US Independence Day holiday weekend, Ellison had become much more involved in the software giant's operations and had stripped Lane of most of his duties.
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