Oracle appoints not one, but two, coCEOs as Safra Catz leaves top job

Image for article Oracle appoints not one, but two, coCEOs as Safra Catz leaves top job
News Source : TechRadar

News Summary

  • Safra Catz steps down as Oracle CEO after a decade in the role.
  • Ex-Presidents Clay Magouyrk and Mike Sicilia will take over as the new heads of the company.
  • Catz will not be leaving Oracle, and will move over to the Board of Directors as Executive Vice Chair.
  • Oracle recently announced a 12% year-over-year increase in quarterly revenue to $14.9 billion and a series of “multibillion-dollar customers” set to come on board over the next few months.
Oracle says Safra Catz will leave her role as CEO, but stays as EVC on the BoardClay Magouyrk and Mike Sicilia appointed as coCEOsOracle is set for hypergrowth as raft o [+2296 chars]

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