Larry Ellison announced yesterday that he was stepping down as CEO of Oracle, the company he co-founded in 1977. In his place, Oracle presidents Mark Hurd and Safra Catz will share the CEO role. Ellison will remain chairman of the board and will still serve as chief technology officer. Cue the Ellison retrospectives. But what about the company’s future? Can co-CEOs work?
Will Oracle’s Co-CEO Setup Work?
Perhaps if they’re equal in name only.
September 19, 2014
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What you need to know about being in charge.