Oracle’s Leadership Shift: New Co-CEOs Take Helm Amidst AI Expansion and OpenAI Deal
Oracle’s Leadership Shift: New Co-CEOs Take Helm Amidst AI Expansion and OpenAI Deal Oracle has announced a significant leadership transition, with Safra Catz stepping down as CEO after an 11-year tenure. Insiders Clay Magouyrk and Mike Sicilia have been promoted to co-CEOs, tasked with steering the tech giant into the burgeoning AI era. Magouyrk previously spearheaded Oracle’s cloud infrastructure unit, while Sicilia oversaw the company’s applications and AI products. This strategic shift comes on the heels of Oracle securing a…