Oracle president Charles Phillips is worth over $100 million.  The NYU New York Law School graduate may need every penny to smooth over the mess created by his mistress’ public chronicling of their 8-year affair.

A billboard displaying a picture of the executive and his mistress, YaVaughnie Wilkins, during happier times went up recently in Atlanta, New York and San Francisco.

Gawker broke the story:

The pair first come to light in a mysterious Times Square billboard we posted about on Tuesday. The billboards included the address of a romantic online photo album,CharlesPhillipsAndYaVaughnieWilkins.com, and a quote attributed to “C.E.P.:” “You are my soulmate forever!” Our readers quickly figured out that the man in the billboard was Oracle’s Charles Phillips, and we wondered if the co-president was emulating his attention-grubbing boss, Oracle CEO Larry Ellison. But then came evidence of Phillips’ marriage to one Karen Phillips, who Charles Phillips called his wife in a 2006 interview and who appeared with him in the society pages recently. We wondered if Wilkins wasn’t out for revenge.

Ms. Wilkins also unveiled a website with post cards, photos–one of which is a man with painted toe nails and lingerie (might that be Mr. Phillips?)–and notes written on hotel stationary.  The website has since been removed, but Gawker was kind enough to produce their own photo gallery of some especially touching touchy kodak moments.

In February 2009, Phillips was appointed as a member to the President’s Economic Recovery Advisory Board to provide President Barack Obama and his administration with advice and counsel regarding the economy.

This couldn’t get much worse for Mr. Phillips.  Let’s just hope his wife doesn’t take to his head with a golf club…

Breaking:  The billboard in Atlanta has been taken down.  Perhaps none of this happened at all.

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