why does the company Oracle have 2 CEOs
On Thursday, Oracle's Larry Ellison unexpectedly announced that he was stepping down from his CEO post and naming not one, but two CEOs to replace him. Co-president and CFO Safra Catz and co-president Mark Hurd will share the role of CEO.Oracle isn't the first major company to tap more than one CEO at the same time.Chipotle, Whole Foods, and Deutsche Bank are also run by two CEOs. Samsung even has three of them.erman companies Deutsche Bank and SAP both have two CEOs (though SAP co-CEO Jim Hagemann Snabe will step down to the supervisory board in May).