Safra Ada Catz (born December 1961) is an Israeli-American billionaire, banker, and technology executive. She is the CEO of Oracle Corporation. Catz has been an executive at Oracle since April 1999 and a board member since 2001. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison.
In September 2014, Oracle named Mark Hurd and Catz as joint CEOs. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues.
RELATED: What Does /HJ and /J Mean on TikTok? Deciphering Digital Slang
Table of Contents
Safra Catz Net Worth
Safra Catz has a net worth of $2 billion. Safra Catz serves as the CEO of Oracle. At age 61, Safra Catz saw a total compensation of $5.3 million in fiscal year 2023, according to regulatory filings.
This amount was significantly less than the $138 million she received in the prior fiscal year 2022 due to option awards she received then.
Early life
Catz was born in December 1961 in Holon, Israel, to Jewish parents. At age six, she moved from Israel to Brookline, Massachusetts. She graduated from Brookline High School before attending the University of Pennsylvania.
She earned a bachelor’s degree from the Wharton School in 1983, followed by a J.D. from the University of Pennsylvania Law School in 1986. Her early life reflects a move from Israel to the U.S., leading to prestigious academic achievements in business and law.
Career
Catz began her career at Donaldson, Lufkin & Jenrette as an investment banker, becoming senior vice president (1994–1997) and managing director (1997–1999). She joined Oracle Corporation in April 1999 as senior vice president, later joining the board of directors in October 2001 and becoming president in 2004.
She drove Oracle’s $10.3 billion acquisition of PeopleSoft in 2005. Catz has served as CFO (2005–2008, 2011–present) and became co-CEO with Mark Hurd in 2014, then sole CEO in 2019. She’s ranked among the world’s most powerful businesswomen.
Personal life
Catz has been married to Gal Tirosh, a former soccer coach, since 1997. Together, they have two sons. The family resides in Fort Lauderdale, Florida. Throughout her career, Catz has balanced her demanding professional life with her personal commitments.
Her marriage to Tirosh has been a significant part of her life outside of business, and she continues to maintain a strong family presence while leading as a top executive in the tech industry.
How did Safra Catz become CEO?
Catz became CEO of Oracle in September 2014, following Larry Ellison’s step down from the role. She initially served as co-CEO with Mark Hurd until September 2019, when she became the sole CEO after Hurd’s resignation due to health issues.
Conclusion
Safra Catz’s leadership at Oracle Corporation represents a blend of strategic foresight, financial acumen, and technological innovation, contributing to her significant net worth of $1.7 billion. Her role as CEO has not only driven Oracle’s financial success but has also established her as a key figure in the technology sector and an inspiration for aspiring leaders worldwide.
RELATED: Jay Bilas Net Worth: The Financial Game of Sports Analysis
FAQs about Safra Catz Net Worth
- How did Safra Catz accumulate her wealth?
- Through her successful leadership and strategic acquisitions at Oracle, alongside her compensation as CEO and stock ownership in the company.
- What is Safra Catz’s educational background?
- She holds a degree from Penn Carey Law, graduating in 1986.
- When did Safra Catz become CEO of Oracle?
- She became co-CEO in September 2014 and sole CEO in September 2019.
- Who are the significant shareholders of Oracle?
- Larry Ellison, Safra Catz, Edward Screven, and Jeffrey Henley are among the significant shareholders.
- Why is Safra Catz considered influential in the tech industry?
- Her leadership at Oracle, marked by strategic growth and her position as one of the prominent female executives in technology, makes her a significant figure in the industry.
