Oracle names Clay Magouyrk and Mike Sicilia as Co-CEOs; Safra Catz becomes Executive Vice Chair

ORACLE CORP

Magouyrk and Sicilia promoted to Co-CEOs and join Board, effective Sept 22, 2025.
Safra Catz steps down as CEO, appointed Executive Vice Chair of Board; remains director.
Doug Kehring promoted to Principal Financial Officer; Mark Hura to President Global Field Operations.
Magouyrk receives $250M stock option grant; Sicilia receives $100M; vesting over four years.
Company reaffirms financial guidance provided on September 9, 2025 earnings call.

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