Oracle Corp

ORCL: XNYS (USA)
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Oracle: Co-CEO Appointment Should Deepen Synergy Between Cloud Infrastructure and Applications

Oracle announced on Sept. 22 that Safra Catz will move to a board role after 11 years as CEO. Clay Magouyrk, president of Oracle Cloud Infrastructure, and Mike Sicilia, president of Oracle Industries, have been promoted to co-CEOs. The shares were up 4% in intraday trading.

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