The Ledger ResearchPrivate

The Front Office

Scouting report · ORCL

Clayton M. Magouyrk

  • Chief Executive Officer and Director, ORCL since 2025-09src

Built OCI after joining from AWS in 2014; co-CEO of Oracle since Sep 2025

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—3 beat · 0 met · 0 missed · 0 withdrawn — fewer than 4, not scored
Answers the question831 dodge in 8 answers on 2 calls
Capital allocation—company five-year record: neutral — inherited: the five-year record is mostly a predecessor's
Pay design40revenue, time only · 81.9% for
Skin in the game—no holding or price on file
Age
39src
In the role
1 yr
Promises scored
3
Hit rate
100%
Dodges / 100 answers
12.5
Airtime on calls
33%
Every promise, oldest firstBBB·

What to weigh

Watch 6

  • Shares the CEO title with Michael Sicilia, while founder Larry Ellison (about 40.6% owner) remains Executive Chair and CTO and Safra Catz stays as Executive Vice Chairsrc
  • Sold 60,000 shares in three open-market sales between October 2025 and February 2026 for about $14.5m, none marked as under a Rule 10b5-1 plan, the largest at about $276.64 on 2025-10-21src
  • His $250m promotion grant is 80% time-vesting options and 20% performance options that vest on revenue metrics to 2028-05-31, with no return, cash-flow or capex condition, in a period of record capexsrc
  • The 2,593,530 time-vesting options granted 2025-09-24 carry a $308.46 strike. Shares withheld for tax on 2026-09-21 were valued at $147.61, so the grant is well under watersrc
  • On the 2026-06-10 call, asked about margins as rival capacity arrives, he talked about customer relationships and renewals and gave no margin figure. The dossier logs this as a dodgesrc
  • On the 2026-09-10 call, asked when free cash flow turns positive, he said he would answer only the parts he chose and passed the timing to the CFO, who declined to give one. The dossier logs it unattributed, but the ROIC.ai file labels that speaker as himsrc

Career

  1. 2025 – now
    Oracle Corporationsrc
    Chief Executive Officer (co-CEO with Michael Sicilia) and Director
    Effective 2025-09-22
  2. 2025 – 2025
    Oracle Corporationsrc
    President, Oracle Cloud Infrastructure
    June to September 2025
  3. 2019 – 2025
    Oracle Corporationsrc
    Executive Vice President, including EVP Cloud Infrastructure and EVP OCI Engineering
    December 2019 to June 2025
  4. 2014 – 2019
    Oracle Corporationsrc
    Various positions; a founding member of Oracle's cloud engineering team (Gen2 OCI)
  5. 2008 – 2014
    Amazon / Amazon Web Servicessrc
    Senior engineer

Not located: Before 2008 (after a 2007 degree) not located in a primary source

Achievements

  • Named co-CEO at 39 on 2025-09-22, about eleven years after joining Oracle from AWSsrc
  • The proxy credits him with the design, build-out and business success of Gen2 OCI, and with expanding it to more than 100 public regionssrc
  • Oracle's GAAP net income was $17.1bn in FY2026, the first fiscal year he ran as co-CEO (from September)src

Education

  • University of Memphis, BS Electrical Engineering (2007)src

Background

  • Family The appointment 8-K states no family relationship with any Oracle director or executive officer and no Item 404(a) related-party transactionsrc
  • Other Engineer by training and career: senior engineer at AWS, then OCI engineering at Oracle, before the President and CEO rolessrc

The promise ledger

3 scored · 1 open
ResultWhat was promisedWhere it is scoredHow
B BeatQ3 FY2026 · total rev +16–18% cc / +19–21% USD · non-GAAP EPS $1.64–1.68 cc / $1.70–1.74 USDORCL row 5written outlook
B BeatQ4 FY2026 · total rev +18–20% cc / +19–21% USD · non-GAAP EPS $1.92–1.96 cc / $1.96–2.00 USDORCL row 6written outlook
B BeatQ1 FY2027 · total rev +27–29% · non-GAAP EPS $1.71–1.75 cc / $1.72–1.76 USDORCL row 7written outlook
· Still openFY2027 · total revenue $90bn and non-GAAP EPS $8.05ORCL row 13written outlook

Questions dodged

12.5 per 100 answers

  1. Q4 FY2026, Mark Moerdler (Bernstein) asked where Oracle sits competitively as capacity floods in and, explicitly as his third part, how that affects the ability to "maintain or improve margins" [19]. Clayton Magouyrk answered with customer relationships, utilisation and renewal dynamics, and closed on a hope rather than a number: "I think there is ways that Oracle gets higher and higher margins, but we offer lower…

    from ORCL · dossier-2026-09-24.md

Calls reviewed

  • FY2026-Q4.roic.json — 4 answers, 31% of the words
  • FY2027-Q1.roic.json — 4 answers, 35% of the words

Sources

13
  1. Filing Oracle Corporation 10-K for fiscal 2026 (Information About Our Executive Officers) (0001193125-26-277521) · 2026-06-22
  2. Filing Oracle Corporation 8-K Item 5.02, co-CEO appointments and option grants (0001193125-25-210089) · 2025-09-22
  3. Filing Oracle Corporation DEF 14A, 2025 annual meeting (0001193125-25-220801) · 2025-09-26
  4. Filing Oracle Corporation 8-K Item 5.07, 2025 annual meeting results (0001193125-25-291441) · 2025-11-21
  5. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, CIK 1341439 (FY2026 10-K, 0001193125-26-277521) · 2026-06-22
  6. Filing Form 4, Clayton M. Magouyrk (reporting CIK 2071873), CEO option grant of 2025-09-24 (0001341439-25-000037) · 2025-09-26
  7. Filing Form 4, Clayton M. Magouyrk, open-market sale of 2025-10-21 (0001341439-25-000052) · 2025-10-23
  8. Filing Form 4, Clayton M. Magouyrk, open-market sale of 2025-12-19 (0001341439-25-000086) · 2025-12-23
  9. Filing Form 4, Clayton M. Magouyrk, open-market sale of 2026-02-09 (0001341439-26-000010) · 2026-02-11
  10. Filing Form 4, Clayton M. Magouyrk, RSU vesting and tax withholding of 2026-09-19/21 (0001341439-26-000092) · 2026-09-23
  11. Call transcript ORCL Q4 FY2026 earnings call (2026-06-10), ROIC.ai
  12. Call transcript ORCL Q1 FY2027 earnings call (2026-09-10), ROIC.ai
  13. Web search result WebSearch: Clay Magouyrk education (Oracle executive biography page; summary: BS electrical engineering, University of Memphis, 2007) · 2026-09-24