Safra A. Catz
|Safra A. Catz|
Catz in 2010
December 1, 1961 |
|Education||University of Pennsylvania (BS, JD)|
|Salary||US$53.2 million (2014)|
|Net worth||US$525 million (2015)|
Safra Catz (Hebrew: צפרא כץ, born December 1, 1961) is an Israeli-born American business executive. She has been an executive at Oracle Corporation since April 1999, and a board member since 2001. In April 2011 she was named co-president and chief financial officer, reporting to founder/CEO Larry Ellison. On September 18, 2014 Oracle announced that Larry Ellison will step down as CEO and that Mark Hurd and Safra Catz have been named as the new CEOs.
Catz earned a bachelor's degree from the Wharton School of the University of Pennsylvania in 1983 and a J.D. from the University of Pennsylvania Law School in 1986. She attended Harvard Law School her final year. She was a banker at Donaldson, Lufkin & Jenrette, joining in 1986; Catz served as a managing director from February 1997 to March 1999 and a senior vice president from January 1994 to February 1997 and previously held various investment banking positions since 1986. She has been a non-executive director of Hyperion Solutions since April 14, 2007. She has been a member of the executive council of TechNet since March 14, 2013. She served as a director of PeopleSoft Inc. since December 30, 2004 and Stellent Inc. since December 12, 2006.
Catz joined Oracle Corporation in April 1999. Catz became a member of the company's Board of Directors in October 2001 and President of Oracle Corporation in early 2004. She is credited for having driven Oracle's 2005 efforts to acquire software rival PeopleSoft in a $10.3 billion takeover. Catz is also the company's Chief Financial Officer, serving temporarily in that role from November 2005 to September 2008, and from April 2011 to the present. Mark Hurd joined her as Co-President in 2010.
In 2009 she was ranked by Fortune as the 12th most powerful woman in business. In 2009 she was also ranked by Forbes as the 16th most powerful business-woman. In 2014, she was ranked at #24. According to an Equilar analysis published by Fortune, she was in 2011 the highest-paid woman among Fortune 1000 companies, receiving an estimated US$51,695,742 in total remuneration.
In December 2016, it was announced that Catz would join the executive committee of the presidential transition team for Donald Trump, while continuing her position at Oracle. The move prompted the public resignation of Oracle executive George Polisner, who posted his resignation letter on LinkedIn and outlined concerns over Trump's policies.
Catz is married to Gal Tirosh and has two sons, Scott and Gary.
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