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Oracle Delays Decision on CEO to Replace Mark Hurd

Nov. 19, 2019, 12:00 PM

A month after the death of Chief Executive Officer Mark Hurd, Oracle Corp.’s succession plan is to leave control in the hands of Chairman Larry Ellison and Hurd’s fellow CEO Safra Catz while an internal successor is groomed, people familiar with the matter said. 

While Ellison has put forth five candidates, none has emerged quickly as the front-runner to join Catz as CEO, and the company is likely to appoint someone president first—or at least give that executive more time to grow into the role, said the people, who asked not to be identified discussing the company’s private deliberations. Oracle has considered...

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