Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs


The Oracle headquarters in Austin, Texas, on April 24, 2024.

Brandon Bell | Getty Photos

Oracle is selling its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the corporate introduced Monday.

Safra Catz, the software program large’s present CEO, will function govt vice chair on the corporate board.

Shares of the corporate fell over 1% in premarket buying and selling on Monday morning.

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