Oracle has appointed Clay Magouyark and Mike Sicilia as co-CEOs, effective September 22. Magouyark, a key figure in Oracle's cloud engineering team, was instrumental in the success of the second-generation Oracle Cloud Infrastructure (OCI) platform, a leader in AI training and inference. Sicilia, known for his expertise in applied AI, spearheaded the development of intent-based application generation and the integration of AI agents into Oracle's applications. Oracle Chairman and CTO Ellison commended their leadership and expressed optimism about the company's future.