Connect with us

Hi, what are you looking for?

Jewish Business News


Meet New Oracle Co-CEO Safra Catz

photo SHBC

Israeli born American business executive Safra Catz has just been named the new CEO of Oracle. She was elevated from her previous position as the company’s Chief Financial Oficer.

American businesswomen have been breaking the so called glass ceiling in recent years. GM and Yahoo have recently given the reigns of their companies to women. Now Oracle has joined the still very small club of American companies with women CEOs.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Catz is replacing the company’s previous CEO Larry Ellison who recently stepped down from that position and has stayed on with Oracle as its chief technology officer and executive chairman. Ellison himself once predicted that she would replace him one day.

She will share the position with a new co-CEO Mark Hurd. Catz will be responsible for the manufacturing, finance and legal decisions, while Hurd will take charge of sales, service and global business units.

It is highly unusual for a major corporation, such as Oracle, to have two people run it at the same time. But Hurd and Katz have already shown that they do work well together having already served as Oracle’s joint presidents.

“Safra and Mark are exceptional executives who have repeatedly demonstrated their ability to lead, manage and grow the company. The Directors are thrilled that the best senior executive team in the industry will continue to move the company forward into a bright future, ” Oracle Board’s Presiding Director Michael Boskin said in a statement.

“Safra and Mark will now report to the Oracle Board rather than to me, ” said Larry Ellison. “All the other reporting relationships will remain unchanged. The three of us have been working well together for the last several years, and we plan to continue working together for the foreseeable future. Keeping this management team in place has always been a top priority of mine.”

Safra Catz was born in Holon, near Tel Aviv, Israel and grew up in Brookline, Massachusetts, where her family moved in 1967 when she was just six years old. She joined Oracle in April 1999, and was appointed to the company’s Board of Directors just two years later.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.