Oracle Corporation has announced a significant leadership shift, promoting Clay Magouyrk and Mike Sicilia to joint Chief Executive Officer roles, while transitioning Safra Catz to Executive Vice Chair. The appointment underscores Oracle’s focus on artificial intelligence and positions the company for growth in cloud infrastructure and industry-specific applications.
Magouyrk, formerly President of Oracle Cloud Infrastructure, and Sicilia, previously President of Oracle Industries, will jointly guide the company as it navigates the increasing complexity and opportunity of AI adoption across industries.
Driving AI and Cloud Infrastructure
Magouyrk brings deep expertise in cloud infrastructure, having joined Oracle in 2014 from Amazon Web Services. As a founding member of Oracle’s cloud engineering team, he led the development of Oracle Cloud Infrastructure’s Gen2 platform—a high-performance, secure, and cost-efficient foundation now powering hyperscale public cloud datacenters and AI training facilities. Under his leadership, Oracle has strengthened its position as a preferred infrastructure provider for organisations tackling advanced AI workloads.
Sicilia complements this infrastructure expertise with deep experience in industry-specific applications. Joining Oracle through the acquisition of Primavera Systems, his teams pioneered intent-based application generation, transforming how Oracle develops enterprise software. They have since integrated AI capabilities across sectors including healthcare, banking, communications, utilities, hospitality, and retail, enabling solutions tailored to both regulated industries and traditional businesses.
Larry Ellison, Oracle’s Chairman and CTO, highlighted the significance of these appointments in the context of global AI investment, noting that OCI remains central to the company’s AI strategy. Safra Catz, who served as CEO since 2014, moves into the Executive Vice Chair role, maintaining her partnership with Ellison while providing strategic guidance for the company’s next phase of growth.
A Dual Leadership Model
The dual CEO structure reflects the distinct demands of Oracle’s current market position, where infrastructure and application expertise must operate in close coordination. Magouyrk and Sicilia jointly emphasised their shared vision: “We are excited to lead Oracle into the AI era, where technological innovation creates extraordinary business opportunities.”
This model allows the company to focus on building integrated AI applications that leverage both Oracle’s evolving Cloud Infrastructure and AI Database, aligning with enterprise demand for cohesive technology ecosystems rather than standalone products.
Operational Leadership For Global Reach
Alongside the CEO appointments, Oracle has expanded operational leadership. Mark Hura, EVP of Oracle North America Sales, is promoted to President, Global Field Operations, while Doug Kehring, EVP of Operations, becomes Principal Financial Officer. These changes reinforce operational continuity as the new CEOs focus on strategic direction and technology development.
Oracle’s restructuring illustrates the company’s commitment to guiding its enterprise customers through the growing complexity of AI adoption while sustaining momentum in cloud and industry-specific applications.