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Oracle Appoints Clay Magouyrk and Mike Sicilia as Co-CEOs

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Source: Barron's
Oracle Appoints Clay Magouyrk and Mike Sicilia as Co-CEOs
Photo: Barron's
TL;DR Summary

Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz who will become executive vice chair, signaling a focus on AI and cloud services; Oracle's stock rose 1.6% following the announcement, amid strong cloud business growth and potential U.S. TikTok deal.

Topics:top-news#ai#business#cloud-computing#co-ceos#oracle#safra-catz
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  1. Oracle Names Co-CEOs to Replace Safra Catz. The Stock Slips.  Barron's
  2. 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
  3. Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs  CNBC
  4. Oracle Names Co-CEOs as Safra Catz Moves to Executive Vice Chair  Yahoo Finance
  5. Oracle appoints insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move  Reuters

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