The definition of stalwart is a description for someone who is loyal and strong or for something that is reliable and sturdy. An example of stalwart is a description for a loyal supporter of a cause. Stalwart is a loyal and reliable supporter. An example of a stalwart is someone who has been a long time loyal supporter of a cause. 1  strong and well-built; sturdy; robust. 2  brave; valiant.  resolute; firm; unyielding.
On Thursday, Oracle's Larry Ellison unexpectedly announced that he was stepping down from his CEO post and naming not one, but two CEOs to replace him. Co-president and CFO Safra Catz and co-president Mark Hurd will share the role of CEO.Oracle isn't the first major company to tap more than one CEO at the same time.Chipotle, Whole Foods, and Deutsche Bank are also run by two CEOs. Samsung even has three of them.erman companies Deutsche Bank and SAP both have two CEOs (though SAP co-CEO Jim Hagemann Snabe will step down to the supervisory board in May).
He adopted that projectâs title, Oracle, for his own firm, which he developed into the worldâs foremost supplier of software for information management. Oracle employs 200 people in Israel and has been operating here since 1996. Ellison, however, only visited Israel for the first time in 2007. Touring Sderot on that trip, he was told it needed $500,000 to reinforce a community center against rocket attack, and immediately donated the money.