The new CEOs of Oracle obtain $ 350 million in action purchase options, but need to generate action to collect

This decision will marry the leadership of the Sicilia veterans industry with a younger native of the Cloud in Magouyrk. The latter is a founding member of the Cloud engineering team of the technology company of $ 920 billion and Oracle appointed him president of Cloud Infrastructure in June 2025. Before joining Oracle in 2014, Magouyrk was senior engineer at Amazon and Amazon Web Services. Sicilia joined Oracle after acquiring Primavera Systems in 2008, where Sicilia was technology director. He was then executive vice-president of the Oracle industries unit and in its world commercial units. In June, Oracle appointed him president in Industries.

“I really look forward to this step,” Catz said during an investor call on Monday. “But it is absolutely time. You want to make a transition like this when things are great and when I put it back to two of the guys – in fact an entire team – which brought Oracle here. It is ideal.”

As part of their promotions, Oracle will grant its subsidies of purchasing options from the Millennial and Gen X Duo worth 250 million dollars for Magouyrk and $ 100 million for Sicilia. The reshuffle of leaders will also see Douglas Kehring promoted to the main director of Oracle in place of Catz. Oracle technology director Larry Ellison will retain his CTO title and his role as chairman of the board of directors.

“The company is recognized as an innovator and a leader in AI and our momentum was nothing less than spectacular – and this is only the start,” Catz told investors. “With this success in mind, Larry and I thought that timing was perfect for recognizing and promoting several leaders who have not only played a decisive role in helping to rotate the business, but which will be essential to lead us as we progress.”

With the massive subsidies of purchase options, Oracle encourages Magouyrk and Sicilia to stay with Oracle until at least 2029, with 80% of each subsidy which acquired more than four years. The remaining 20% ​​will be acquired over a period of three years, but they must carry out specific income measures for the performance options to be acquired, although Oracle has not commented or disclosed the specific measures. The subsidies will only be paid if the course of Oracle shares increases. An Oracle spokesperson refused to comment on the disparity of subsidies between Magouyrk and Sicilia.

“Oracle is entering the AI ​​era. I have never seen an opportunity on this scale,” Ellison told investors on Monday. “The immense impact of AI in our economy is difficult to grasp. The colossal size of the AI ​​strives and the colossal size of the responsibility which is difficult to imagine. ”

Catz, on the other hand, will assume a new role as an executive vice-president of the board of directors. She has been CEO of Oracle since 2014, when the board of directors appointed the president and CTO Ellison and appointed Catz and the late Mark HURD as a CO-PDG. Hurd took a leave in 2019 and died shortly after. Ellison did not appoint Co-PDG to replace Hurd.

CATZ said on Monday that the CEO’s transition was optimal. Catz is currently talking with Oracle customers and “presenting Clay and Mike” if they don’t already know them, she said.

“Safra directed Oracle while we became a hyperscal power plant – demonstrated by our recent results,” Ellison said in a statement. “In its role as vice-president, Safra and I will be able to continue our 26-year partnership, which makes it possible to guide the management, growth and success of Oracle.”

Oracle shares increased by 98% for one year, and earlier this month, cloud infrastructure income increased by $ 3.3 billion to $ 3.3 billion and its pending contracts increased by 359% to $ 455 billion. Oracle told investors that he had signed four dollars of three billion dollars with three customers in one quarter. The company has projected growth of 77% to $ 18 billion for cloud infrastructure income during the year 2026 and an upward projection for the 2030s of $ 1444 billion. The company is organizing a major event next month in Las Vegas called “Oracle Ai World” to exhibit its new products.

“A few years ago, Clay and Mike committed infrastructure and Oracle applications at AI – She is bearing fruit. They are both proven leaders, and I can’t wait to spend the years to come side by side,” said Ellison. “The future of Oracle is brilliant.”

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