Raymond J. Lane (‘68 BS)
Raymond J. Lane graduated from West Virginia University in 1968 with a degree in mathematics. While a student at WVU, he was president of Kappa Sigma fraternity.
Lane is general partner at Kleiner Perkins Caufield & Byers, America’s premier venture capital firm, focused on helping entrepreneurs with technological and market insight, organizational development, team building, selling, and managing growth.
Before joining Kleiner Perksin Caufield & Byers, he served as president and chief operating officer of Oracle Corporation, the world’s second largest software company and the largest supplier of software for information management.
In 1992, Lane joined Oracle Corporation as President of Oracle USA where he dramatically increased the organization’s sales and profitability. Named president of Oracle Worldwide Operations in 1993, he was responsible for globalizing Oracle’s 93 separate business units into a single unified organization.
Under Lane’s leadership, Oracle’s annual revenues rose from $1 billion in fiscal year 1993 to $4.2 billion in 1996. With over 20,000 employees, the company offers its database, tools and application products, along with related consulting, education and support services, in more than 90 countries around the world.
Lane was promoted to president and chief operating officer in July of 1996 and is responsible for planning, communicating and implementing policy and strategy decisions formulated by the Executive Committee, which includes Lane and the firm’s CEO and CFO. In addition, Lane chairs the Management Committee, which spans all organizations within the company to assure cross-integration of major products and market decisions.
Lane began his career at IBM where he spent 10 years in various product management and marketing positions. He later served as division vice president for Electronic Data Systems (EDS) before becoming senior vice president at Booz-Allen & Hamilton. It was there that he pioneered and led the Information Systems Group, a worldwide consulting practice targeted at helping senior management officials achieve better results from information technology investments.
Lane has received many honors and awards and is involved in numerous civic organizations. He has received an honorary doctorate degree from Golden Gate University and serves on the Board of Trustees of Carnegie Mellon University where he has endowed a research/fellowship chair in the College of Engineering. He has served on opera boards in both Dallas and San Francisco and sponsored the IT Forum at the Aspen Institute. In addition, he has been featured in several industry and business magazines including Fortune, Industry Week, Information Week and Texas Business. Most recently, CRN Magazine selected Lane as one of the Top 25 executives in the computer industry.