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Oracle names Magouyrk and Sicilia as CEOs

Factbox-Five facts about Oracle's co-CEOs Clay Magouyrk and Mike Sicilia

Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs on Monday, replacing Safra Catz, who was at the helm of the cloud services provider for 11 years. Catz will remain with the company as vice chair of the board.

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Oracle names Magouyrk and Sicilia as CEOs; Catz to become executive vice chair of the board

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Oracle appoints Clay Magouyrk and Mike Sicilia as co-CEOs amid AI growth

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Why Oracle's CEO switch-up 'makes a lot of sense'

Oracle (ORCL) has named Clay Magouyrk and Mike Sicilia, two company insiders, as co-CEOs, replacing Safra Catz.

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Oracle is getting two new CEOs. Why that’s good news for the stock.

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Oracle Names Co-CEOs as Safra Catz Moves to Executive Vice Chair

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Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move

Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the forefront of the ongoing AI boom with big contract wins.

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Oracle’s co-CEO structure will challenge the trope that having two chief executives rarely works

Good morning. Yesterday, Oracle announced a move that is about as divisive as you’ll find in a modern C-suite: The company appointed co-CEOs, with Clay Magouyrk and Mike Sicilia taking over from Safra Catz, who will retain the title of Executive Vice Chair.

Oracle’s AI-Fueled Surge Mints Two New Billionaires

The tech giant cofounded by the world’s second richest person has now produced four members of the three-comma-club.

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Oracle's succession plan comes into clear view as its stock skyrockets

Business Insider reported in June that Oracle had promoted the executives to the title of "president" as part of a succession plan.

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Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect

CEOs Clay Magouyrk and Michael Sicilia will take over for Safra Catz, who will take on a new role as executive vice chair of the board.

Investor's Business Daily on MSN

Oracle Stock Gains After Naming Pair Of CEOs. Why Wall Street's Not Sweating The Transition.

Magouyrk was previously president of Oracle's cloud infrastructure business while Sicilia was Oracle Industries president. Oracle stock is up 4.6% at 323.05 in recent trading on the stock market today.