{"id":7701,"date":"2025-09-22T12:29:16","date_gmt":"2025-09-22T16:29:16","guid":{"rendered":"https:\/\/hostingdiscussion.com\/news\/?p=7701"},"modified":"2025-09-22T12:29:16","modified_gmt":"2025-09-22T16:29:16","slug":"oracle-reshapes-leadership-as-safra-catz-steps-down-co-ceos-take-over-amid-ai-boom","status":"publish","type":"post","link":"https:\/\/hostingdiscussion.com\/news\/oracle-reshapes-leadership-as-safra-catz-steps-down-co-ceos-take-over-amid-ai-boom\/","title":{"rendered":"Oracle reshapes leadership as Safra Catz steps down, co-CEOs take over amid AI boom"},"content":{"rendered":"<p><span id=\"input-sentence~0\"><a href=\"https:\/\/www.oracle.com\/asean\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Oracle<\/a> is reshaping its leadership as it leans deeper into artificial intelligence infrastructure, with long-time chief executive Safra Catz stepping aside and two senior leaders taking the reins.<\/span> <span id=\"input-sentence~1\">The company announced on Monday that Clay Magouyrk, who leads its data center business, and Mike Sicilia, head of applications, will serve as co-chief executives.<\/span> <span id=\"input-sentence~2\">Catz will transition into the role of executive vice-chair of the board, ending her decade-long run as sole CEO.<\/span><\/p>\n<p><span id=\"input-sentence~3\">The decision arrives during a period of <a href=\"https:\/\/hostingdiscussion.com\/news\/oracles-stock-soars-to-historic-heights-as-ai-bets-transform-its-future\/\">historic growth for Oracle<\/a>.<\/span> <span id=\"input-sentence~4\">The company\u2019s latest quarterly results showed strong demand from AI start-ups and large technology firms seeking powerful data center capacity.<\/span> <span id=\"input-sentence~5\">Oracle shares have climbed more than 80 percent this year, briefly lifting founder <a href=\"https:\/\/hostingdiscussion.com\/news\/oracles-record-surge-puts-trillion-dollar-valuation-within-reach-as-ai-deals-reshape-market\/\">Larry Ellison<\/a> above Elon Musk on the global wealth rankings.<\/span><\/p>\n<p><span id=\"input-sentence~6\">Magouyrk, 39, joined Oracle from Amazon in 2014 and has been central to its cloud expansion.<\/span> <span id=\"input-sentence~7\">Sicilia, 51, has guided the applications division as the company pivoted toward a broader software and infrastructure portfolio.<\/span> <span id=\"input-sentence~8\">Ellison emphasized that his long partnership with Catz will continue, describing the transition as part of a strategy to sustain Oracle\u2019s momentum in the cloud era.<\/span><\/p>\n<p><span id=\"input-sentence~9\">Catz told analysts she remains deeply engaged with Oracle and wanted the leadership shift to occur at a moment of strength.<\/span> <span id=\"input-sentence~10\">During her tenure, she helped secure contracts with firms like <a href=\"https:\/\/hostingdiscussion.com\/news\/oracles-40b-nvidia-deal-fuels-openais-stargate-texas-data-hub\/\">OpenAI<\/a>, which relies heavily on Oracle\u2019s servers to train large language models.<\/span> <span id=\"input-sentence~11\">A landmark $300 billion deal tied to the Stargate project has positioned Oracle as one of the most prominent providers of AI infrastructure.<\/span><\/p>\n<p><span id=\"input-sentence~12\">The move also revives a structure Oracle used in the past, when Catz shared the CEO role with Mark Hurd following Ellison\u2019s departure in 2014.<\/span> <span id=\"input-sentence~13\">Hurd\u2019s death in 2019 left her as sole chief executive until now.<\/span><\/p>\n<p><span id=\"input-sentence~14\">Additional changes accompanied the announcement.<\/span> <span id=\"input-sentence~15\">Mark Hura, head of North America sales, will lead global field operations, while Doug Kehring, executive vice-president of operations, will take on the role of principal financial officer.<\/span><\/p>\n<p><span id=\"input-sentence~16\"><a href=\"https:\/\/hostingdiscussion.com\/news\/oracles-30b-cloud-deal-hints-at-a-quiet-power-shift-in-global-infrastructure\/\">Oracle<\/a> sees the change of leadership at the top as a dual message on the one hand, the continuity of the company&#8217;s traditional approach through the retention of its main leadership members and on the other hand, the need to respond rapidly to the evolving market with the help of AI.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle is reshaping its leadership as it leans deeper into artificial intelligence infrastructure, with long-time chief executive Safra Catz stepping aside and two senior leaders taking the reins. The company announced on Monday that Clay Magouyrk, who leads its data center business, and Mike Sicilia, head of applications, will serve as co-chief executives. Catz will [&hellip;]<\/p>\n","protected":false},"author":20624,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[1833,93,2300,1836,1350,4587,2962],"class_list":["post-7701","post","type-post","status-publish","format-standard","hentry","category-featured","tag-ai","tag-cloud","tag-larry-ellison","tag-openai","tag-oracle","tag-oracle-leadership-change","tag-safra-catz"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oracle reshapes leadership as Safra Catz steps down, co-CEOs take over amid AI boom - Web Hosting News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hostingdiscussion.com\/news\/oracle-reshapes-leadership-as-safra-catz-steps-down-co-ceos-take-over-amid-ai-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oracle reshapes leadership as Safra Catz steps down, co-CEOs take over amid AI boom - Web Hosting News\" \/>\n<meta property=\"og:description\" content=\"Oracle is reshaping its leadership as it leans deeper into artificial intelligence infrastructure, with long-time chief executive Safra Catz stepping aside and two senior leaders taking the reins. The company announced on Monday that Clay Magouyrk, who leads its data center business, and Mike Sicilia, head of applications, will serve as co-chief executives. 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