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News in English (USA) / 22.09.2025 / 18:00

Oracle Announces Leadership Shakeup with New Co-CEOs

Oracle Corporation has made a significant leadership change by appointing Clay Magouyrk and Mike Sicilia as co-CEOs, succeeding longtime CEO Safra Catz, who transitions to the role of Executive Vice Chair of the Board. The decision to split the CEO role comes as Oracle aims to enhance its focus on cloud infrastructure and artificial intelligence. This surprising move has raised questions in the market, with shares experiencing fluctuations following the announcement. Analysts express optimism, suggesting the company has chosen the right leaders to navigate its future growth.
Oracle - Investor Relations, The Verge, Yahoo Finance, "Barrons", Reuters, CNBC, MarketWatch, Financial Times, Bloomberg.com, CTech