Published On: Thu, Aug 28th, 2014

Oracle Co-President and CFO Safra Catz Warning: Don’t Let the US Fall Behind

Oracle CEO Larry Ellison Addresses Oracle's OpenWorld 2010 Conference

Safra Catz, who was born in Israel and emigrated to the U.S. to eventually become the co-President and CFO of tech giant Oracle, said at the Colorado Innovation Network Summit, that while the reality of the “American dream” endures, the country shouldn’t “rest on its laurels” and be left behind in science and math education.

The invitation-only event with entrepreneurs and academics in attendance, is in its third year. Catz discussed the advances the U.S. has made in leadership and innovation, but urged that it should not fall behind in giving the next generation sufficient education in science, math and technical engineering, or it will lose out to talent from abroad.

“We cannot possibly rest on our laurels, ” said Catz. “The competition now is higher and faster.”

Oracle is a major employer in the state of Colorado with 4, 000 local employees. The state has the largest number of Oracle employees outside of Silicon Valley.

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