On September 22, 2025, Oracle Corporation disclosed a significant Oracle leadership changes, appointing Clay Magouyrk and Mike Sicilia as Oracle Co-CEOs. This ends Safra Catz‘s 11-year run as chief executive officer. Catz will transition to the role of Safra Catz executive vice chair role of the Board of Directors and continue collaborating with Oracle Chairman and Chief Technology Officer, Larry Ellison. This Oracle executive transition 2025 marks a pivotal moment for the company.
Introducing the Co-CEOs
Clay Magouyrk: Clay Magouyrk became an employee of Oracle in 2014, coming from Amazon Web Services, where he was formerly the President of Oracle Cloud Infrastructure. He played a very important role in the development of OCI Gen2, a high-performance cloud platform targeted at hyperscale data centers and AI workloads. During his tenure, OCI has become a top consideration for organizations looking for sophisticated AI training and inference. This appointment as one of the Oracle Co-CEOs reflects his deep expertise and leadership in cloud growth.
Mike Sicilia: Mike Sicilia brings in-depth expertise in vertical applications and applied AI. He joined Oracle from the acquisition of Primavera Systems and has led the effort to build AI functionality into Oracle’s industry-focused applications in verticals such as healthcare, banking, and utilities. His teams developed AI-based solutions that provide end-to-end support across multiple industries to enhance efficiency and innovation. The Clay Magouyrk Mike Sicilia co-CEO announcement has been welcomed as a forward-looking move for the company.
Leadership in AI and Cloud Growth
The appointment of Oracle Co-CEOs illustrates Oracle’s commitment to AI and the cloud. Both Clay Magouyrk and Mike Sicilia have prepared Oracle’s infrastructure and applications for future growth with AI demand evolving at a rapid pace. Co-leadership of this next era will continue to support Oracle’s delivery of AI across numerous industries and applications. This Oracle CEO promotion news highlights the company’s long-term strategy in cloud and AI innovation.
Contributions by Safra Catz
Safra Catz has made tremendous contributions to Oracle becoming a cloud-native company, leading Oracle to significant contracts such as the $300 billion agreement with OpenAI, and has driven substantial growth of Oracle’s cloud business. As Safra Catz executive vice chair role, she will remain a very important voice on Oracle’s strategy. Ellison commented on the partnership for almost 26 years, emphasizing the ongoing value of her insights for Oracle moving forward.
Market Reaction and Outlook
Oracle’s shares fell slightly, down 1 percent, in premarket trading following the announcement. The company has had a very strong year overall, with shares up approximately 85 percent so far this year because of strong demand for its cloud services. Oracle Co-CEOs continue to reinforce the company’s strong presence in AI infrastructure, supporting mission-critical applications used across various industries.
Other Executive Developments
In addition to the Oracle Co-CEOs appointments, Oracle announced some additional executive departures and appointments. Mark Hura, the former Executive Vice President of Oracle North America Sales, has been elevated to President, Global Field Operations. Doug Kehring, Oracle’s former Executive Vice President of Operations, was appointed Principal Financial Officer. These transitions add to the strength of Oracle leadership changes more broadly and fit with the company’s overall strategic focus on innovation and leadership in AI and cloud.
With CEO Clay Magouyrk and President Mike Sicilia now leading, the company enters a new chapter in its role in AI and cloud computing but can continue to build on strong foundations established during the heyday of Safra Catz decades in leadership. The focus on AI-enabled infrastructure and AI-enabled applications positions Oracle for continued growth and leadership in the industry. This Clay Magouyrk Mike Sicilia co-CEO announcement confirms Oracle’s careful planning during this Oracle executive transition 2025.
