Oracle has entered a complex leadership phase with two executives named as co-CEOs succeeding longtime chief executive Safra Catz, who was concurrently elevated to the board with an unprecedented title. Founder Larry Ellison remains chairman and chief technology officer, fostering ambiguity about actual command. Corporate governance experts observe that Ellison’s shift in roles while maintaining significant influence is unorthodox, potentially blurring lines of authority and creating challenges in board oversight. This leadership experiment unfolds alongside Oracle's impressive stock performance, marked by a doubling of its share price over four months, situating it as the world's 12th most valuable company. Investors and industry watchers remain keenly interested in how this structure will affect the company’s strategic direction and governance clarity.
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