Ex-Presidents Clay Magouyrk and Mike Sicilia will take over as the new heads of the company, which looks set to profit from a host of major new deals. “A few years ago, Clay and Mike committed Oracle's Infrastructure and Applications businesses to AI – it's paying off,” Board Chairman and CTO Larry Ellison noted. Oracle closed the 2014 calendar year with a share price of $38.19, but prices have climbed to $328.15 today under Catz’s leadership. Joining Oracle in 2014 from AWS as a Software Development Engineer, Magouyrk was responsible for OCI Gen2. Sicilia moved over to Oracle when the company acquired Primavera Systems in 2008, leading the development of AI-powered applications across healthcare, banking, communications, hospitality, retail and more.