Oracle(US:ORCL) Zheng Quan Shi Bao Wang·2025-09-23 00:07Core Viewpoint - Oracle Corporation announced significant leadership changes, appointing Cloud Infrastructure President Clay Magouyrk and Industry Applications President Mike Sicilia as co-CEOs, while current CEO Safra Catz transitions to Executive Vice Chair of the Board [1] Group 1: Leadership Changes - The appointment of Magouyrk and Sicilia is seen as a move to elevate a technology-driven leadership team to foster company growth and avoid organizational stagnation [1] - Safra Catz will take on the role of Executive Vice Chair of the Board, while founder Larry Ellison continues as Chairman of the Board and Chief Technology Officer [1] Group 2: Company Performance - The leadership changes coincide with Oracle's stock reaching new highs and strong growth in its AI cloud business [1] - The company is accelerating its transition to AI-driven cloud infrastructure amid intense competition with major cloud service providers [1] Group 3: Additional Promotions - Oracle also announced other executive promotions, including the President of Global Business and the Chief Financial Officer [1]