Oracle Corporation
Oracle Promotes Clay Magouyrk and Mike Sicilia to CEOs
Summary
On September 22, 2025, Oracle Corporation announced significant management changes, promoting Clay Magouyrk and Mike Sicilia to the roles of Chief Executive Officers, effective September 22, 2025. Safra Catz, the previous CEO, will transition to the role of Executive Vice Chair of the Board. Additionally, Doug Kehring was promoted to Principal Financial Officer. Oracle also issued a press release on the same date, which is attached as Exhibit 99.1.
Profitelligence Alerts
Get alerts for ORCL
Be first to know when Oracle Corporation files with the SEC.
Filing Categories
Advertisement
About Oracle Corporation
Oracle Corporation is a global leader in enterprise software, cloud services, and database technology. The company specializes in developing solutions that help organizations manage and optimize business processes and data storage. Known for its powerful Oracle Database, Oracle provides a comprehensive suite of software such as Oracle Cloud Infrastructure, Fusion ERP, HCM Cloud, and MySQL. These services cater to various industries, including financial services, healthcare, retail, and government sectors. Oracle's focus on cloud technology and integrated software solutions plays a crucial role in helping businesses transition to digital operations. Additionally, Oracle's robust portfolio supports mission-critical processes for Fortune 500 companies, making it a cornerstone in the tech industry. Founded in 1977 and headquartered in Austin, Texas, Oracle Corporation continues to drive innovation in database management and cloud computing, consolidating its market significance as a pivotal provider of IT solutions globally.
Official SEC Documents
Advertisement