Oracle's New Co-CEOs Receive $350M Stock Options Amid Stock Surge
TL;DR Summary
Oracle is transitioning its leadership to two younger CEOs, Clay Magouyrk and Mike Sicilia, with substantial stock options tied to company performance, as it accelerates into the AI era and reports strong financial growth and future projections.
- Oracle’s new CEOs get $350M in stock options—but need to drive the stock up to collect Fortune
- Oracle Corporation Announces Promotion of Clay Magouyrk and Mike Sicilia to CEOs; Safra Catz Appointed Executive Vice Chair of the Board of Directors Oracle - Investor Relations
- More companies adopt co-CEO structure Reuters
- Oracle (ORCL) Valuation in Focus Following TikTok Deal and Leadership Overhaul Yahoo Finance
- Oracle's succession plan comes into clear view as its stock skyrockets Business Insider
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