Oracle Executive Chairman Larry Ellison said the software giant won’t hire a second chief executive officer to run the business alongside CEO Safra Catz, deciding not to replace Mark Hurd who died recently.
Initially, Ellison publicly mentioned two potential candidates — Steve Miranda, the company’s cloud applications chief, and Don Johnson, who leads Oracle’s cloud infrastructure business. Sources also mentioned three other possible candidates.
Ellison said last Thursday during a conference call with analysts there were no plans for having a second CEO and the company’s second-tier of executives, who are being groomed for future leadership.