Oracle Corporation (NYSE: ORCL) today announced the ascension of Clay Magouyrk and Mike Sicilia to the positions of Chief Executive Officers.
Former Oracle Cloud Infrastructure (OCI) President Clay Magouyrk joined Oracle from Amazon Web Services in 2014. Clay, a founding member of Oracle’s cloud engineering team, has been in charge of Gen2 of OCI’s design, implementation, and commercial success.
Both gigawatt-scale AI training datacenters and hyperscale public cloud datacenters are powered by Oracle Cloud Infrastructure Gen2, a high-performance, secure, and economical platform. OCI has grown at an extraordinary rate under his direction and is now the preferred platform for AI inference and training.
Former Oracle Industries President Mike Sicilia provides extensive knowledge in applied AI and vertical applications. Mike’s engineering teams were the first to replace traditional coding in Oracle application development with intent-based application generation after joining Oracle through its purchase of Primavera Systems.
Read: Oracle Java Audits Prompt Major Shift in Licensing Strategy
Clay Magouyrk and Mike Sicilia’s Leadership in AI and Cloud
Additionally, his teams expanded our industry application suites—which include healthcare, finance, communications, utilities, hotels, and retail—by adding extremely complex sets of AI agents. Both traditional and regulated sectors can benefit from these new AI cloud apps’ full, end-to-end solutions.
“Humanity is investing enormous sums into the race to advance Artificial Intelligence,” said Larry Ellison, the Chief Technology Officer and Chairman of the Board at Oracle. A key component of that endeavor is Oracle Cloud Infrastructure. Clay has proven his suitability for a CEO position with his years of expertise overseeing Oracle’s sizable and rapidly expanding Cloud Infrastructure division.
Using the newest AI technology, Mike has spent the last few years fully overhauling Oracle’s Industry applications companies, including Oracle Health, in order to modernize them. Clay and Mike made a commitment to AI a few years ago for Oracle’s Infrastructure and Applications businesses, and it’s paying off. Both of them have demonstrated leadership abilities, and I am excited to collaborate with them throughout the ensuing years. Oracle has a promising future.
CEOs Sicilia and Magouyrk will keep working together to develop full industry suites of AI applications on top of Oracle’s quickly developing cloud infrastructure and AI database.
In a joint statement, Magouyrk and Sicilia stated, “We are thrilled to guide Oracle into the AI era, where technological advancement leads to tremendous business opportunity and hyper-growth.”
“Oracle will be able to provide our customers with the newest AI capabilities thanks to our combined expertise in AI, cloud infrastructure, horizontal applications, and industry applications.”
Safra Catz Moves to Executive Vice Chair
Oracle CEO Safra Catz, who has been with the company since 2014, has been named Executive Vice Chair of the Oracle Board of Directors.
Oracle’s Chief Technology Officer and Chairman of the Board, Larry Ellison, stated, “Our recent results clearly demonstrate that Safra led Oracle as we became a hyperscale cloud powerhouse.” He added, “Safra and I will be able to carry on our 26-year collaboration in her capacity as Vice Chair, contributing to Oracle’s success, expansion, and direction.”
Oracle is now acknowledged as the preferred cloud for AI inferencing and training. That’s something I’m really proud of,” Safra Catz added. Oracle’s business and technologies have never been more robust. Furthermore, our remarkable rate of growth suggests an even more prosperous future. The best time to transfer the CEO position to the upcoming generation of competent executives is now. Clay and Mike, congratulations.
Additionally, Oracle revealed the promotion of Mark Hura, who is now the EVP of Oracle North America Sales, to the position of President, Global Field Operations. The current EVP of Operations, Doug Kehring, will be promoted to the position of Principal Financial Officer.
Additionally, the business reiterated the financial projections from its earnings conference call on September 9, 2025.
