Oracle Appoints New Co-CEOs

Let's bring in Bloomberg's Brodie Ford, who covers Oracle. And it is a big change at the top. It is very sad for Cats has been one of the faces of Oracle for about a decade now, and folks familiar with Oracle's cloud business, which has become so important, will know Clay McGauchie has led that unit for a while.The fact that he is being elevated in this way maybe isn't a shocker. The timing is. They were both promoted Clay and Mike to President in June.Now all of a sudden they're becoming CEOs. And so it's ...