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Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs
Oracle is promoting its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the company announced Monday. Safra Catz, the software giant's current CEO, will serve as executive vice chair on the company board.
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Multiprenur® on Instagram: "Larry Ellison co-founded Oracle in 1977 with Bob Miner and Ed Oates, starting as a database consultancy inspired by a 1970 IBM paper. The company secured a CIA contract for a relational database, renamed Oracle, launching its software dominance. Ellison pivoted to cloud in 2016 after an initial failure, with a 2018 relaunch emphasizing cheaper, flexible infrastructure. By 2025, Oracle’s cloud AI deals, including a $500B OpenAI project, drove revenue growth to $18B ann
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