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Oracle (NYSE: ORCL) announces retirement of long-tenured board members

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Oracle Corporation reported that two long-serving members of its Board of Directors have retired. On January 5, 2026, George H. Conrades, age 86, informed the Board that he is retiring as a director effective immediately after 18 years of service to Oracle. On January 7, 2026, Naomi O. Seligman, age 87, also notified the Board that she is retiring as a director effective immediately after 20 years of service.

Oracle stated that neither retirement was the result of any dispute or disagreement with the company on matters related to its operations, policies or practices, indicating that these departures are described as voluntary retirements following long tenures on the Board.

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ORACLE CORP false 0001341439 0001341439 2026-01-05 2026-01-05
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 5, 2026

Oracle Corporation

(Exact name of registrant as specified in its charter)

 

Delaware   001-35992   54-2185193

(State or other jurisdiction of

incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

2300 Oracle Way, Austin, Texas 78741

(Address of principal executive offices) (Zip Code)

(737) 867-1000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

   Trading Symbol(s)    Name of each exchange on which registered

Common Stock, par value $0.01 per share

   ORCL    New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


Section 5—Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 5, 2026, George H. Conrades, age 86, notified the Board of Directors (the “Board”) of Oracle Corporation (“Oracle”) that after 18 years of service to Oracle, he is retiring as a director effective immediately. On January 7, 2026, Naomi O. Seligman, age 87, notified the Board that after 20 years of service to Oracle, she is retiring as a director effective immediately.

Neither retirement was the result of any dispute or disagreement with Oracle on any matter relating to Oracle’s operations, policies or practices.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ORACLE CORPORATION

Dated: January 9, 2026

         By:  

/s/ Kimberly Woolley

      Name: Kimberly Woolley
      Title: Vice President, Assistant General Counsel and
Assistant Secretary

FAQ

What board changes did Oracle (ORCL) disclose in this 8-K?

Oracle disclosed that directors George H. Conrades and Naomi O. Seligman have retired from the Board of Directors, each effective immediately upon notifying the Board.

When did Oracle directors George H. Conrades and Naomi O. Seligman retire?

George H. Conrades notified Oracle on January 5, 2026 that he was retiring effective immediately, and Naomi O. Seligman notified the Board on January 7, 2026 that she was retiring effective immediately.

Were the Oracle (ORCL) director retirements related to any dispute with the company?

Oracle stated that neither retirement was the result of any dispute or disagreement with the company on matters relating to its operations, policies or practices.

How long did George H. Conrades and Naomi O. Seligman serve on Oracle’s Board?

George H. Conrades served on Oracle’s Board for 18 years, and Naomi O. Seligman served for 20 years before their respective retirements.

Who signed the Oracle (ORCL) report describing the board retirements?

The report was signed on behalf of Oracle by Kimberly Woolley, who is identified as Vice President, Assistant General Counsel and Assistant Secretary.
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