- Oracle has replaced the leaders of its $11 billion Europe, Middle East, and Africa business, Insider has learned.
- Alain Blanc and Frank Obermeier have left Oracle, a person with direct knowledge of the situation said, although Obermeier still appears on the company’s org chart. Oracle declined to comment.
- Meanwhile, the region’s executive vice president Philippe Mathieu no longer has any direct reports on the organizational chart viewed by Insider. The person said Mathieu may switch roles or leave the company within the next few months.
- Oracle has also consolidated the EMEA technology business under senior vice president of technology Richard Smith, a former IBM executive who joined Oracle in 2016. Cormac Watters, most recently president of Infor, was named as Blanc’s replacement.
- The changes follow Oracle layoffs across Europe earlier in 2020, when the company cut as many as 1,300 jobs.
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Oracle has replaced the executives leading the enterprise technology giant’s $11 billion Europe, Middle East, and Africa (EMEA) business, Insider has learned.
Two top former EMEA leaders have left the company, according to a person with direct knowledge of the matter, and the region’s executive vice president may change positions internally or leave altogether.
Oracle CEO Safra Catz in an email to employees viewed by Insider announced Oracle EMEA – which accounts for more than a quarter of the company’s overall revenue – would be “organized under the leadership of two new leaders,” Cormac Watters and Richard Smith, effective Dec. 1. Both report directly to Catz.
The region’s previous leaders include Alain Blanc, a 12-year veteran of Oracle who was most recently head of the company’s EMEA applications division, and Frank Obermeier, the former CEO of Oracle Japan who led technology and cloud in the EMEA region.
The person familiar with the matter said both have left the company, although Obermeier still appears on an internal organizational chart viewed by Insider. Neither Blanc nor Obermeier has updated their LinkedIn profiles to reflect any change.
Meanwhile, Philippe Mathieu, the executive vice president who was until recently Oracle’s EMEA and JAPAC (Japan, Asia, and Pacific) regions, appears on the org chart without any direct reports. Those two regions accounted for $11 billion and $6.5 billion, respectively, of Oracle’s $39 billion overall revenue for the 2020 fiscal year.
However, the person familiar suggests Mathieu’s job duties are up in the air, and may change within the next few months, including the possibility that he may leave the company. Mathieu reports directly to Catz and is a member of Oracle’s executive committee.
Meanwhile, Cormac Watters, most recently president of Infor and a former SAP executive, is taking over Oracle’s EMEA applications business, according to Catz’s email to employees, and Richard Smith will be in charge of EMEA applications.
The email doesn’t mention Blanc or Obermeier, but the person with direct knowledge of the matter said Watters is replacing Blanc and Oracle consolidated the technology business under Smith rather than replacing Obermeier directly. Smith has worked at Oracle since 2016 after more than two decades at IBM.
Smith was previously senior vice president of technology and now has that role in the EMEA and United Kingdom and Ireland regions, where his LinkedIn profile states he is “responsible for leading all aspects of the day-to-day business operations and sales organisations.”
Smith sent an email to Oracle’s technology EMEA employees on Dec. 2 introducing himself and laying out his new team structure.
“This year has been one of seismic shifts,” Smith wrote in the email viewed by Insider. “Not only in how we do business, but in how we live and work. It is clear that the future depends heavily on technology innovations that only a handful of companies in the world have the expertise and scale to deliver. We are one of them.”
The changes follow Oracle layoffs across Europe earlier in 2020, when the company cut as many as 1,300 jobs across the continent.
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