Oracle Corporation has announced the promotion of Clay Magouyrk and Mike Sicilia to the roles of Chief Executive Officers. Magouyrk, who joined Oracle in 2014 from Amazon Web Services, previously served as President of Oracle Cloud Infrastructure (OCI), where he played a central role in the growth of Oracle’s Gen2 cloud platform, now widely used for AI training and inference. Sicilia, a former Oracle Industries president, developed AI applications across healthcare, banking, utilities, communications, hospitality, and retail.
Larry Ellison, Oracle’s Chairman and CTO, said, “Clay’s years of experience leading Oracle’s large, fast-growing Cloud Infrastructure business has demonstrated his readiness for a CEO role. Mike has spent the last several years modernizing Oracle’s Industry applications businesses—including Oracle Health—by completely rebuilding those applications using the latest AI technologies.”
Safra Catz, who has served as Oracle’s CEO since 2014, has transitioned to the role of Executive Vice Chair of the Board. Catz commented, “At this time of strength is the right moment to pass the CEO role to the next generation of capable executives. Congratulations Clay and Mike.” In a joint statement, Magouyrk and Sicilia added, “We are excited to lead Oracle into the AI era, where technological innovation leads to extraordinary business opportunity and hyper-growth.”