Safra Catz will become the executive vice chair of Oracle's board of directors after 11 years as the company's CEO.

Safra Catz will become the executive vice chair of Oracle's board of directors after 11 years as the company's CEO.

Oracle said two of its long-time executives will run the artificial intelligence giant in dual co-CEO roles in a company shakeup.

Oracle CEO Safra Catz leaves her position while the tech company is on top.