US EditionOracle Names Clay Magouyrk and Mike Sicilia as Co-CEOs
Clay Magouyrk and Mike Sicilia, promoted as co-CEOs, bring leadership in AI and cloud infrastructure, with Oracle reaffirming strong growth and financial guidance, officials said.
- On September 22, 2025, Clay Magouyrk and Mike Sicilia were promoted to serve jointly as Oracle’s Chief Executive Officers, while Safra Catz transitioned to the role of executive vice chair of the company’s board.
- This leadership change occurred amid Oracle's record technology strength, strong business performance, and growing focus on AI and cloud infrastructure.
- Clay Magouyrk, who came to Oracle from Amazon Web Services in 2014 and played a key role in developing Oracle Cloud Infrastructure, leads OCI, while Mike Sicilia draws on his background in Oracle Industries and expertise in AI-driven applications.
- In its most recent quarter, Oracle secured four contracts worth billions of dollars and projects a 77% increase in cloud infrastructure revenue, reaching $18 billion for the current fiscal year.
- These developments position Oracle to expand its AI infrastructure leadership and sustain its growth trajectory in cloud computing and AI services.
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69 Articles
Oracle Promotes 2 Longtime Insiders as Co-CEOs to Drive Cloud and AI Growth
Technology giant Oracle announced a shakeup in its C-suite ranks on Sept. 22, with two longtime company insiders replacing Safra Catz, who had led the company as its CEO since 2014. Clay Magouyrk and Mike Sicilia will serve as co-CEOs, Oracle board chair and Chief Technology Officer Larry Ellison said in a statement. Both men were tabbed to lead the company based on their extensive experience scaling artificial intelligence cloud infrastructure,…
Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they'll have to keep the stock soaring to collect
Oracle announced that longtime CEO Safra Catz will be replaced by two new internal hires: Clay Magouyrk, 39, and Mike Sicilia, 54. The outgoing CEO described the two as “a match made in heaven”—two technical executives who can further propel Oracle into the AI era. The move will marry veteran industry leadership from Sicilia with younger cloud-native expertise in Magouyrk. The latter is a founding member of the $920 billion tech firm’s cloud eng…
Oracle Appoints Co-CEOs to Replace Longtime Leader Safra Catz
Oracle has appointed not just one, but two new CEOs to help the software giant maintain momentum as it rides the A.I. revolution to unprecedented highs. The top executive role, currently filled by Safra Catz, will be jointly taken up by insiders Clay Magouyrk and Mike Sicilia going forward, announced Oracle today (Sep. 22). The two leaders will be charged with guiding Oracle at a pivotal time for the tech player as it leans heavily into providin…
Oracle has announced Monday a wide reorganization of its leadership. In full take-off of its businesses linked to the cloud, with the hatching of artificial intelligence (AI), the American giant has appointed two CEOs, Clay Magouyrk and Mike Sicilia. Continue reading
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