Oracle Leadership Shift: Appointing Two Co-CEOs

Oracle is undergoing a significant shift in its administrative structure, with Safra Catz stepping down from the CEO position to be replaced by two co-CEOs. This decision comes as part of a broader plan to reorganize the company’s leadership, with the aim of enhancing efficiency and innovation across various business sectors. The new co-CEOs will oversee daily operations and guide the company’s future strategies in the face of growing challenges in the technology market. This move is considered a vital strategy for Oracle to adapt to economic and technological changes, as well as to strengthen its competitive position in the global market. Analysts expect this change to contribute to achieving the growth and expansion goals that the company is pursuing in the coming years. This phase will be crucial in determining Oracle’s ability to continue leading and innovating in the field of information technology.