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Oracle Corp. is in the midst of a pivotal year as it transforms itself further into a cloud-computing powerhouse that can compete with the longtime titans of that market. The company’s cloud momentum has set the stage for a drastically increased growth outlook in the years to come.
Now there’s one more big change investors should pay attention to, and it’s one that the market seems to like so far. Oracle
ORCL announced on Monday that Safra Catz, who has been Oracle’s chief executive since 2014, will be stepping down from her post but staying with the company in the role of executive vice chair.
This post was originally published on Market Watch
