Oracle vs Target: Founders, CEOs and History
Oracle was founded in 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, Edward A. Oates and is led by Clay Magouyrk and Mike Sicilia. Target was founded in 1902 by George Dayton and is led by Michael Fiddelke.
Company facts
Founders
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.
Target
George Dayton
George Draper Dayton became a partner in Goodfellow's Dry Goods Company, one of the largest department stores in Minneapolis, in 1902, and became sole owner and president within a year, renaming it the Dayton Dry Goods Company.
CEOs and their tenures
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
Target
- Robert J. Ulrich1994–2008
Chairman and CEO
Under Ulrich Target grew into the second-largest US discount retailer, built its design-partnership model with designers such as Michael Graves, and added the Super Target format. He retired as chief executive in 2008 and was succeeded by Gregg Steinhafel.
Source - Gregg Steinhafel2008–2014
Chairman, President and CEO
Steinhafel resigned in May 2014 after the data breach and the poor results of Target Canada, which the company closed in 2015 after losses. Brian Cornell succeeded him later in 2014.
Source - Brian Cornell2014–2026
Former Chairman and CEO
Cornell's tenure ended amid a stock and sales slump, with revenue declining for three consecutive fiscal years (from $107.412 billion in FY2023 to $104.780 billion in FY2025) even as the omnichannel infrastructure he built began paying off in the following qua…
Source - Michael Fiddelke2026–present
Chief Executive Officer
Fiddelke inherited a company coming off three straight years of revenue decline. His first two quarters as CEO delivered growth: Q1 FY2026 net sales rose 6.7% and Q2 FY2026 net sales rose 5.3% to $26.5 billion, with comparable traffic up 3.6%.
Source
Timeline: Oracle and Target side by side
1902Target
Dayton Company is founded
George Dayton becomes a partner in Goodfellow's Dry Goods Company in Minneapolis in 1902, then sole owner in 1903, renaming it Dayton Dry Goods Company -- the business that eventually becomes Target Corporation.
1962Target
First Target store opens
The first Target discount store opens in Roseville, Minnesota.
1977Oracle
Oracle Founded
Larry Ellison, Bob Miner, and Ed Oates founded the company that became Oracle.
1986Oracle
Oracle IPO
Oracle went public on the Nasdaq in March 1986.
1994Oracle
Acquired Rdb
Oracle acquired Rdb in 1994.
2000Target
Company becomes Target Corporation
Dayton Hudson changes its name to Target Corporation as the discount chain becomes the center of the company.
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.
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.
2013Target
Target Data Breach
Target discloses a data breach affecting more than 40 million customer payment cards during the holiday shopping season, becoming one of the most-cited cybersecurity failures in US retail history.
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.
2014Target
Dermstore Acquired
Target acquires online beauty retailer Dermstore to expand its e-commerce beauty business; it sells the unit to THG for $350 million in 2021.
2015Target
Target Exits Canada
Target announced in January 2015 that it would close all of its Canadian stores, ending an expansion that began in 2013.
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.
2017Target
Target acquires Shipt and Grand Junction
Target acquires same-day delivery platform Shipt for about $550 million and transportation-technology startup Grand Junction, accelerating omnichannel fulfillment.
2020Target
Stores become fulfillment hubs
Target's store-based fulfillment model becomes central to digital growth during the pandemic period.
2022Oracle
Cerner Acquisition Completed
Oracle completed the Cerner acquisition and expanded into healthcare data systems.
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.
2025Target
Michael Fiddelke named next CEO
Target announces that Michael Fiddelke will succeed Brian Cornell as CEO effective February 1, 2026, after 22 years rising through the company including as CFO and COO.
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.
2026Target
FY2025 revenue is reported
Target reports FY2025 revenue of $104.780B and net income of $3.705B, the third consecutive year of revenue decline.
2026Target
Q1 FY2026 sales rebound
Target reports Q1 FY2026 net sales growth of 6.7% and comparable sales growth of 5.6% under new CEO Michael Fiddelke.
2026Target
Q2 FY2026 growth and raised outlook
Target reports Q2 FY2026 net sales of $26.5B (+5.3%), comparable sales growth of 3.8% and raises full-year guidance to about 5% sales growth.
Acquisitions
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 Oracle vs Target
Who is the CEO of Oracle Corporation and Target Corporation?
Oracle Corporation is led by Clay Magouyrk and Mike Sicilia and Target Corporation is led by Michael Fiddelke. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Oracle Corporation founded vs Target Corporation?
Target Corporation was founded in 1902 — 75 years before Oracle Corporation, which was founded in 1977. Target Corporation'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 Oracle Corporation have compared to Target Corporation?
Oracle Corporation employs approximately 141,000 people, while Target Corporation employs approximately 415,000. Target Corporation has the larger workforce at 415,000 employees, compared to Oracle Corporation's 141,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Oracle Corporation and Target Corporation headquartered?
Both Oracle Corporation and Target Corporation are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Oracle Corporation and Target Corporation?
Oracle Corporation was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, Edward A. Oates. Target Corporation was founded by George Dayton.
Which company has a longer operating history — Oracle Corporation or Target Corporation?
Target Corporation has been operating for approximately 124 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 Oracle vs Target overview