Oracle (NYSE: ORCL) announces retirement of long-tenured board members
Filing Impact
Filing Sentiment
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.
Positive
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Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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.
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.