You replaces longtime CFO Jeffrey Henley, who said in January that he would step down as soon as a replacement was found. At that time, Henley was also named chairman of Oracle's board of directors.
Software maker Oracle separated the chairman position from the CEO position--the job held by Oracle founder Larry Ellison--to meet suggested corporate governance guidelines.
You had been chief financial officer at Accenture. Prior to joining Accenture in 2001, You held financial management positions at brokerage companies. He worked as managing director in charge of the computer and business services group at Morgan Stanley. He also worked at Lehman Brothers and at Salomon Brothers, where he ran Salomon's South Korea office.
In a statement, You said he plans to carry on Henley's legacy and act as the "point person for Oracle's alliance relationship with Accenture." Oracle has partnerships with consulting houses to install its packaged applications and infrastructure software, including Oracle's database and application server suite.
Henley held the CFO position for 13 years at Oracle.
