Oracle Stock Gains After Naming Pair Of CEOs. Why Wall Street's Not Sweating The Transition.
BREAKING: Futures Fall With Market At Highs; Tesla Climbs Oracle (ORCL) has named a pair of co-chief executives to replace former chief executive Safra Catz, who is becoming executive vice chair of Oracle's board. The software giant said early Monday that Clay Magouyrk and Mike Sicilia are now its co-CEOS. Magouyrk was previusly president of Oracle's cloud infrastructure business while Sicilia was Oracle Industries President. Oracle stock was down 1% at 305.13 in recent premarket trading on the stock market ...