Oracle(US:ORCL) Bloomberg Technologyยท2025-09-22 20:21Leadership Change - Oracle experienced a significant leadership change with two individuals, Clay McGauchie and Mike Sicilia, being promoted to co-CEOs [1][2] - Clay McGauchie, who previously led Oracle's cloud business, is being elevated, indicating the importance of the cloud infrastructure to Oracle's future [1] - The compensation for the co-CEOs is unequal, with one CEO receiving $150 million more in stock awards, likely due to their role in leading the cloud infrastructure business [3] - Safra Katz, who was initially skeptical about the shift towards data centers and cloud offerings, remains with the company [4][5] Strategic Focus - Oracle's cloud infrastructure business is poised to become its largest business [3] - Oracle secured a $20 billion deal with Meta, demonstrating its growing significance as a provider of cloud infrastructure [7] - Oracle's success with the Meta deal alleviates concerns about customer concentration following a large deal with Open AI [6][7] Internal Dynamics - Clay McGauchie is described as a driven engineering leader, while Mike Sicilia is seen as more of a stabilizing influence, mirroring the dynamic between Larry Ellison and Safra Katz [4]