Oracle announced that longtime CEO Safra Catz will be replaced by two new internal hires: Clay Magouyrk, 39, and Mike Sicilia, 54. The outgoing CEO described the two as “a match made in heaven”—two technical executives who can further propel Oracle into the AI era. The move will marry veteran industry leadership from Sicilia with younger cloud-native expertise in Magouyrk. …
Read More »Oracle’s new CEOs get $350M in stock options—but need to drive the stock up to collect
