Oracle is replacing CEO Safra Catz with two co-CEOs
Oracle has announced that Safra Catz is stepping down as CEO after 11 years at the helm, with insiders Clay Magouyrk and Mike Sicilia being promoted as co-CEOs. Magouyrk previously led Oracle’s cloud infrastructure unit, while Sicilia presided over the company’s applications and AI products. The co-CEOs are now focused on leading Oracle “into the […]