All articles tagged with #co ceos
Spotify announced that founder and CEO Daniel Ek will become Executive Chairman in January 2026, with Gustav Söderström and Alex Norström named as co-CEOs, reflecting a leadership evolution to support the company's continued growth and innovation.
Oracle is replacing CEO Safra Catz with two co-CEOs, Clay Magouyrk and Mike Sicilia, to lead the company into the AI era, while Catz remains as vice chair. The company is focusing on AI and cloud computing, highlighted by a recent $300 billion deal with OpenAI, and is involved in US-China tech negotiations related to TikTok.
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs to emphasize its focus on expanding its cloud infrastructure business, which is set to become its largest revenue segment, while Safra Catz steps back to an executive vice chair role amid strategic shifts and significant investments in cloud services.
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz who will become executive vice chair, signaling a focus on AI and cloud services; Oracle's stock rose 1.6% following the announcement, amid strong cloud business growth and potential U.S. TikTok deal.
Ubisoft has appointed Christophe Derennes and Charlie Guillemot as co-CEOs of a new Tencent-backed subsidiary to focus on expanding its flagship game franchises, with both leaders bringing extensive industry experience and a shared vision to empower their teams and innovate in the gaming sector.
Ubisoft has appointed Christophe Derennes and Charlie Guillemot as co-CEOs of a new subsidiary aimed at accelerating the growth of key franchises like Assassin's Creed, Rainbow Six, and Far Cry, with the goal of creating long-lasting, culturally relevant brands. The spinoff, funded by a $1.25 billion investment from Tencent, will operate with greater autonomy to foster innovation and agility, with a focus on expanding these franchises' reach and relevance. Both leaders bring complementary expertise—Derennes with extensive production experience and Guillemot with a strategic, entrepreneurial background—aiming to empower teams and deliver new player experiences.
Bitwise Industries' Board of Directors has terminated the company's co-CEOs, Jake Soberal and Irma L. Olguin, Jr., effective immediately. The Board has initiated an investigation into what led to the mass furloughs. The announcement was made via email sent by the company's new Interim President, Ollen Douglass to employees and contractors.