Oracle (ORCL) has named Clay Magouyrk and Mike Sicilia, two company insiders, as co-CEOs, replacing Safra Catz. The C-suite shake-up comes after President Trump said Oracle co-founder Larry Ellison is among the tech and media moguls who could be involved in the US arm of TikTok.
Spear Invest founder and chief investment officer Ivana Delevska joins Market Catalysts host Julie Hyman to explain why she is not surprised by the company’s CEO switch-up.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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