Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

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Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

09-19-2014, 01:50 PM

SAN FRANCISCO/SEATTLE (Reuters) - Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing arrangement that has had a fraught record elsewhere.

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