Burlington vs Oracle: Founders, CEOs and History
Burlington was founded in 1972 by Monroe Milstein and is led by Michael O'Sullivan. Oracle was founded in 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, Edward A. Oates and is led by Clay Magouyrk and Mike Sicilia.
Company facts
Burlington
- Founded
- 1972
- Headquarters
- Burlington, New Jersey
- Current CEO
- Michael O'Sullivan
- Employees
- 83,309
Oracle
- Founded
- 1977
- Headquarters
- Austin, Texas, United States
- Current CEO
- Clay Magouyrk and Mike Sicilia
- Employees
- 141,000
Founders
Burlington
Monroe Milstein
Monroe G. Milstein grew up in his family's wholesale outerwear business in New York.
Oracle
Lawrence Joseph Ellison
Oracle possesses arguably the most aggressive, intensely competitive, and controversial founding story in the entire history of Silicon Valley, rooted entirely in a CIA contract and driven by arguably the most competitive billionaire in American business histo…
Robert Nimrod Miner
Bob Miner co-founded Oracle and served as the central technical architect behind the company's early database products. While Ellison drove sales and strategy, Miner focused on making the software work for demanding customers.
Edward A. Oates
Ed Oates co-founded Oracle in 1977 and played an important role in the company's early technical and product formation. He helped the young company take relational database concepts and present them in an usable, commercially credible way.
CEOs and their tenures
Burlington
- Monroe Milstein1972–2006
Founder and Chief Executive Officer
Milstein opened the first Burlington Coat Factory in Burlington, New Jersey, in 1972, broadened it from discount coats into year-round family apparel, shoes, baby and home goods, and took it public in 1983.
Source - Mark Nesci2006–2008
Chief Executive Officer
A 37-year Burlington veteran, Nesci became CEO in 2006 after Bain Capital took the company private for about $2.06 billion. He retired in December 2008, remaining an equity investor and senior adviser to the board.
Source - Tom Kingsbury2008–2019
President and Chief Executive Officer
A former Kohl's senior executive, Kingsbury was hired by Bain Capital in December 2008 to revamp buying, inventory management and the supply chain.
Source - Michael O'Sullivan2019–present
Chief Executive Officer
O'Sullivan joined from Ross Stores, where he spent 16 years and finished as president and COO, and became CEO around September 16, 2019.
Source
Oracle
- Larry Ellison1977–present
Co-founder, Chairman and Chief Technology Officer
As the legendary Founder and CTO, he maintains absolute, tyrannical control over the company's strategic direction, fiercely driving its massive pivot toward cloud computing and artificial intelligence.
Source - Safra Catz2014–2025
Executive Vice Chair (CEO 2014-2025)
Served as co-CEO from 2014 and sole CEO from 2019 until September 2025, when she became executive vice chair of the board.
Source - Hilary Maxson2021–present
Chief Financial Officer
She brings critical global financial expertise to the board's massive capital allocation strategies.
Source - Clay Magouyrk2025–present
Co-Chief Executive Officer
Previously president of Oracle Cloud Infrastructure, where he led the OCI build-out from its early engineering team. Named co-CEO on September 22, 2025 with responsibility tied to Oracle's AI infrastructure expansion.
Source - Mike Sicilia2025–present
Co-Chief Executive Officer
As Executive Vice President of Global Industries, he manages Oracle's massive push into highly specialized vertical software markets, particularly focusing on healthcare and telecommunications.
Source
Timeline: Burlington and Oracle side by side
1972Burlington
Burlington Coat Factory opens
Monroe Milstein bought a coat outlet in a former factory building in Burlington, New Jersey, and sold brand-name coats at discount prices, the start of Burlington Coat Factory.
1977Oracle
Oracle Founded
Larry Ellison, Bob Miner, and Ed Oates founded the company that became Oracle.
1983Burlington
First public offering
Burlington Coat Factory Warehouse Corporation went public for the first time, funding expansion from a regional discounter into a national chain with year-round apparel, shoes, baby and home departments.
1986Oracle
Oracle IPO
Oracle went public on the Nasdaq in March 1986.
1989Burlington
Cohoes Specialty Stores acquired
Burlington bought the Cohoes Specialty Stores off-price chain from upstate New York, including a 50 percent stake in the Cohoes Commons building; a few stores still traded as Cohoes Fashions decades later.
1994Oracle
Acquired Rdb
Oracle acquired Rdb in 1994.
2005Oracle
Acquired PeopleSoft
Oracle acquired PeopleSoft for $10.3 billion. Oracle acquired PeopleSoft to significantly expand its enterprise applications portfolio and compete more directly with SAP.
2006Burlington
Bain Capital takes Burlington private
Bain Capital acquired Burlington Coat Factory for about $2.06 billion, ending 34 years of Milstein family control. Long-time executive Mark Nesci became chief executive.
2008Burlington
Tom Kingsbury named CEO
Former Kohl's executive Thomas Kingsbury became president and CEO in December 2008, succeeding Mark Nesci, and began overhauling buying, inventory management and the supply chain.
2008Oracle
Acquired BEA Systems
Oracle acquired BEA Systems for $8.5 billion. Oracle acquired BEA Systems to strengthen middleware, application server, and enterprise integration capabilities.
2010Oracle
Sun Microsystems Acquisition
Oracle acquired Sun Microsystems, adding Java, Solaris, and hardware assets.
2013Burlington
Return to the stock market
Burlington Stores priced its IPO on October 2, 2013, selling 13.3 million shares at $17 each for about $226 million, and listed under the ticker BURL.
2014Oracle
Ellison Steps Down as CEO
Larry Ellison stepped down as chief executive in September 2014, and Mark Hurd and Safra Catz became co-CEOs.
2016Oracle
Acquired NetSuite
Oracle acquired NetSuite for $9.3 billion. Oracle acquired NetSuite to strengthen its cloud-native ERP portfolio and reach mid-sized companies that were not ideal buyers for Oracle's traditional enterprise applications.
2019Burlington
Michael O'Sullivan becomes CEO
Former Ross Stores president and COO Michael O'Sullivan succeeded Tom Kingsbury as CEO around September 16, 2019, and later launched the Burlington 2.0 plan of leaner inventories and smaller stores.
2020Burlington
Online sales end and stores close for the pandemic
On March 5, 2020, Burlington said it would shut its e-commerce business. Days later pandemic lockdowns closed its stores, and fiscal 2020 revenue fell to $5.76 billion with a $216.5 million net loss.
2022Oracle
Cerner Acquisition Completed
Oracle completed the Cerner acquisition and expanded into healthcare data systems.
2023Burlington
Bed Bath & Beyond leases
Burlington won 44 Bed Bath & Beyond leases for $12 million at the June 2023 bankruptcy auction, the largest share of the 109 sold, and later reported 62 former Bed Bath & Beyond leases in total.
2025Burlington
Joann leases
After Joann's second bankruptcy, Burlington agreed in April 2025 to take over 45 Joann store leases, many of which became part of its fiscal 2026 opening program.
2025Oracle
Clay Magouyrk and Mike Sicilia Named CEOs
Oracle promoted Clay Magouyrk and Mike Sicilia to Chief Executive Officers; Safra Catz became Executive Vice Chair.
2026Burlington
Record fiscal 2025 results
Burlington reported fiscal 2025 total revenue of $11.57 billion and net income of $610.2 million, and ended the year on January 31, 2026, with 1,212 stores.
2026Burlington
Tariff refunds put into prices
In the second quarter of fiscal 2026, sales rose 11 percent to $2.998 billion. Burlington received $55 million in tariff refunds and said it would reinvest them in lower prices; the store count reached 1,287.
2026Burlington
Headquarters move to Philadelphia announced
On September 3, 2026, Burlington said it will invest $370 million to move its headquarters from Burlington Township, New Jersey, to Schuylkill Yards in Philadelphia, in phases from late 2028 or early 2029.
2026Oracle
$67.357B FY2026 Revenue
Oracle reported record FY2026 total revenue of $67.357 billion.
2026Oracle
Q1 FY2027: $664B RPO
Oracle reported Q1 FY2027 revenue of $19.3B and RPO of $664B, and completed a $20B at-the-market common stock sale.
Acquisitions
Burlington
- Joann store leases2025Undisclosed
- Bed Bath & Beyond store leases2023$12M
- Cohoes Specialty Stores (Cohoes Fashions)1989Undisclosed
Oracle
- Cerner2022$28.3B
- NetSuite2016$9.3B
- Sun Microsystems2010$7.4B
- BEA Systems2008$8.5B
- Hyperion Solutions2007$3.3B
- Siebel Systems2006$5.8B
Questions about Burlington vs Oracle
Who is the CEO of Burlington Stores, Inc. and Oracle Corporation?
Burlington Stores, Inc. is led by Michael O'Sullivan and Oracle Corporation is led by Clay Magouyrk and Mike Sicilia. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Burlington Stores, Inc. founded vs Oracle Corporation?
Burlington Stores, Inc. was founded in 1972 — 5 years before Oracle Corporation, which was founded in 1977. Burlington Stores, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Oracle Corporation.
How many employees does Burlington Stores, Inc. have compared to Oracle Corporation?
Burlington Stores, Inc. employs approximately 83,309 people, while Oracle Corporation employs approximately 141,000. Oracle Corporation has the larger workforce at 141,000 employees, compared to Burlington Stores, Inc.'s 83,309. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Burlington Stores, Inc. and Oracle Corporation headquartered?
Both Burlington Stores, Inc. and Oracle Corporation are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Burlington Stores, Inc. and Oracle Corporation?
Burlington Stores, Inc. was founded by Monroe Milstein. Oracle Corporation was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, Edward A. Oates.
Which company has a longer operating history — Burlington Stores, Inc. or Oracle Corporation?
Burlington Stores, Inc. has been operating for approximately 54 years, making it the more established of the two companies. Oracle Corporation has been in operation for around 49 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Burlington vs Oracle overview