Reported 1 day ago
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs to succeed Safra Catz, who transitions to executive vice chair, as the company capitalizes on the AI boom that has significantly boosted its cloud computing business. Under Catz's leadership since 2014, Oracle has seen substantial growth, and shares have surged this year, reflecting increased demand for its services and a substantial backlog from recent cloud deals.
Source: YAHOO