Oracle Declare That the CEO Safra Catz will be replacing By two new internal employment: Clay Majorek, 39, and Mike Cecilia, 54. The outgoing mandate The CEO described Monday as “a match made in heaven” – technical executives who can push Oracle to the era of artificial intelligence.
This step will be married to the veteran industry leadership with Cecilia with the experience of the smallest cloud cloud in Magouyrk. The latter is a founding member of the cloud engineering team of the $ 920 billion technology company, and Oracle appointed him as head of cloud infrastructure in June 2025. Before joining Oracle in 2014 Amazon And Amazon Web Services. Join Sicily to Oracle after that acquired Primavera Systems in 2008, where Sicilia was the chief technology employee. He later served as CEO of the Oracle Industries Unit and in Global Business Units. In June, Oracle appointed him as president of industries.
“I am really looking at this stage,” Katz said during Call the investor on monday. “But it is completely time. You want to move like this when things are great and when I hand them over to two players – in fact an entire team – brought Oracle here. This is perfect.”
With regard to promotions, the millennium and the general will be given x Giving a $ 250 million binary stock option to Magouyrk and $ 100 million for the Sicily industry. Douglas King’s promotion will also be seen to the main financial employee in Oracle in the Katz place. Larry Ellson, the chief technology official in Oracle, will keep his title and role as Chairman of the Board of Directors.
“The company is recognized as a creator and leader in artificial intelligence, and our momentum was not less amazing – it is only the beginning,” Katz told investors. “With this success in mind, I thought that the timing was perfect to learn about many executives and promote them who were not only effective in helping the company on the company’s axis, but who would be decisive to our leadership with our progress.”
With the huge Grant stock optionOracle Magouyrk and Sicilia stimulates to stay with Oracle until at least 2029, with 80 % of each grant over four years. The remaining 20 % will fall over a three -year period, but they must achieve specific revenue measures for performance options that you can reach, although Oracle has not commented on or disclosed standards. Grants will be paid only if the Oracle share price increases. Oracle spokesman refused to comment on the discrepancy between Magouyrk and Sicilia.
“Oracle is entering the era of artificial intelligence. I have never seen a chance of this scope before,” Ellison told investors on Monday. “It is difficult to understand the tremendous influence of the spontaneous organization on our economy. It is difficult to imagine the huge size of the artificial intelligence crop and the huge size of the responsibility that corresponds to it.”
Meanwhile, Katz will take over a new role as CEO of the Council. I worked as the CEO of Oracle since 2014 hiring Chairman of the Ellison and CTO board called Catz and the late Mark Hurd at Co-CEOS. Herd took a vacation in 2019 and he He died Soon after. Elson did not mention Co-CEO to replace Hurd.
On Monday, Katz said that the timing of the chief executive transfer was the best. She said that CATZ is about speaking with Oracle customers and “defining them as Clay and Mike” if they don’t already know them.
“Safra Oracle led when we became the power of a super cloud – showed by our recent results,” Elison said in a statement. “In its role, the Vice President, we and Safra will be able to continue our 26-year-old partnership-which led to the direction of Oracle’s trend, growth and success.”
Oracle shares rose 98 % so far, and earlier this month Declare Cloud infrastructure revenues increased by 55 % to $ 3.3 billion and that their suspended contracts have inflated 359 % to 455 billion dollars. Oracle told investors that it had signed four billion dollars with three clients in one quarter. The company expected 77 % growth to $ 18 billion for cloud infrastructure revenues in the fiscal year 2026 and financial drop 2030 to rise at a value of $ 144 billion. The company hosts a Major Next month in Las Vegas, it was called “Oracle Ai World” to display its new products.
“A few years ago, Clay and Mike committed the infrastructure of applications and applications in Oracle to artificial intelligence-it is its fruits. Both are installed leaders, and I look forward to spending the coming years at work alongside them.” “The future of Oracle is bright.”
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