---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-210089"
form_type: "8-K"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:57:32.215389+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-210089
- form_type: 8-K
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000119312525210089/0001193125-25-210089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000119312525210089/d921500d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-210089
- JSON: https://secwatch.observer/filing/0001193125-25-210089.json
- Plain text: https://secwatch.observer/filing/0001193125-25-210089.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.