Oracle Names Magouyrk and Sicilia as Co-CEOs, Replacing Catz

Bloomberg TechnologyMonday, September 22, 2025 at 12:13:11 PM
PositiveTechnology
Oracle Names Magouyrk and Sicilia as Co-CEOs, Replacing Catz
Oracle Corp. has made a significant leadership change by promoting Clay Magouyrk and Mike Sicilia to co-CEOs, taking over from Safra Catz, who has been at the helm since 2014. This transition is noteworthy as it reflects Oracle's commitment to evolving its leadership structure while maintaining continuity in its strategic direction. The move is expected to bring fresh perspectives to the company, which is crucial in today's fast-paced tech environment.
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