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Larry Ellison says that Oracle has ‘no plans’ to hire a new co-CEO, meaning Safra Catz will be running the show solo (ORCL)

Larry Ellison and Safra Catz

  • Oracle is not in the process of hiring a second CEO to work alongside Safra Catz, chairman Larry Ellison said on Thursday.
  • Questions have lingered over the post since Mark Hurd stepped away as co-CEO earlier this year for a medical leave. Hurd passed away in October.
  • Ellison has also previously said that he had given the board five names of internal candidates, and that the company liked the co-CEO structure.
  • But observers also said that Oracle need not be in a hurry to hire another chief executive, if Catz was content to do the job alone.

At this point, Oracle’s long-time top executive read more >>>

Source:: BusinessInsider.Com