Oracle is shifting its public focus toward co-CEOs Clay Magouyrk and Mike Sicilia, who were appointed to their roles on September 22, 2025. The transition follows the departure of former CEO Safra Catz, who now serves as executive vice chair of the board. Founder Larry Ellison remains executive chairman and CTO but is notably absent from the upcoming October user conference and 2026 earnings calls.
The leadership structure divides responsibilities clearly: Magouyrk manages cloud infrastructure and the OpenAI partnership, while Sicilia oversees vertical AI solutions and industry-specific applications. This pivot aligns with the company's strategic focus on AI infrastructure. During the September 2026 Q1 earnings call, Magouyrk reported that a data center project in New Mexico is delayed until February 2027.
