Oracle names two new presidents in possible succession play

Larry Ellison, the cofounder of Oracle.Justin Sullivan/Getty ImagesOracle appointed two new presidents SEC filings show.The people are considered part of a succession plan for the cloud company.Oracle shares recently reached a record high, reflecting its renewed enterprise popularity.Oracle revealed two new presidents in company filings on Friday. The move could have broader succession implications for the cloud giant.The company lists cloud boss Clay Magouyrk and head of industries Michael Sici