Oracle promotes new co-CEOs at upcoming user conference, omits Ellison

Oracle’s upcoming user conference in October will spotlight co-CEOs Clay Magouyrk and Mike Sicilia as the public faces of the company’s AI push. Conspicuously absent from the program: Larry Ellison, the billionaire founder who spent decades as Oracle’s most recognizable figure. The move completes a leadership transition that began in September 2025, when Magouyrk and Sicilia were elevated to the co-CEO roles, succeeding Safra Catz. The new guard takes the stage Magouyrk and Sicilia were named co-CEOs on September 22, 2025, each inheriting a distinct piece of Oracle’s business. Magouyrk oversees cloud infrastructure, including the AI workloads that have become Oracle’s most compelling growth story. His portfolio includes the relationship with OpenAI, one of the most closely watched partnerships in enterprise tech. Sicilia, meanwhile, runs the development of industry-specific applications and vertical AI solutions. Think healthcare, financial services, and other sectors where Oracle has long maintained deep enterprise relationships but now wants to layer on AI capabilities. Catz, who led Oracle as sole CEO for years, transitioned to executive vice chair of the board. Ellison’s quiet ...