REDWOOD SHORES, Calif., July 10,
2019 /PRNewswire/ -- The Oracle Board of Directors
today announced that it has unanimously elected Rona A. Fairhead to the company's Board of
Directors. The election is effective as of July 31, 2019 and increases the size of the Board
to 15 directors.
"I am very pleased to welcome Mrs. Fairhead to the Board," said
Larry Ellison, Chairman of the Board
of Directors and Chief Technology Officer. Bruce Chizen,
Chair of the Nomination and Governance Committee, added, "Mrs.
Fairhead is an accomplished leader with extensive international
experience in finance, risk management, government affairs and
global operations. The Board will benefit from her unique
perspective."
Mrs. Fairhead, 57, most recently served as Minister of State for
Trade and Export Promotion, Department for International Trade in
the United Kingdom from
September 2017 to May 2019. She
previously served as Chair of the British Broadcasting Corporation
Trust (BBC) from 2014 to 2017. From 2006 to 2013, Mrs.
Fairhead served as Chair and Chief Executive Officer of the
Financial Times Group Limited, which was a division of Pearson plc,
and, prior to that, she served as Pearson's Chief Financial
Officer. Before joining Pearson, Mrs. Fairhead held a variety
of leadership positions at Bombardier Inc. and Imperial Chemical
Industries plc. Mrs. Fairhead previously served as a director
of HSBC Holdings plc and PepsiCo, Inc.
Members of Oracle's Board of Directors serve one-year terms and
stand for election at the company's next annual meeting of
stockholders in November 2019.
About Oracle
The Oracle Cloud offers a complete suite
of integrated applications for Sales, Service, Marketing, Human
Resources, Finance, Supply Chain and Manufacturing, plus Highly
Automated and Secure Generation 2 Infrastructure featuring the
Oracle Autonomous Database. For more information about Oracle
(NYSE: ORCL), visit www.oracle.com/investor or contact Investor
Relations at investor_us@oracle.com or (650) 506-4073.
Trademarks
Oracle and Java are registered trademarks
of Oracle and/or its affiliates. Other names may be trademarks of
their respective owners.
"Safe Harbor" Statement: Statements in this press release
relating to Oracle's future plans, expectations, beliefs,
intentions and prospects are "forward-looking statements" and are
subject to material risks and uncertainties. Many factors could
affect our current expectations and our actual results, and could
cause actual results to differ materially. A detailed discussion of
these factors and other risks that affect our business is contained
in our U.S. Securities and Exchange Commission ("SEC") filings,
including our most recent reports on Form 10-K and Form 10-Q,
particularly under the heading "Risk Factors." Copies of these
filings are available online from the SEC, by contacting Oracle
Corporation's Investor Relations Department at (650) 506-4073 or by
clicking on SEC Filings on Oracle's Investor Relations website at
http://www.oracle.com/investor. All information set forth in this
press release is current as of July 10,
2019. Oracle undertakes no duty to update any statement in
light of new information or future events.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/oracle-names-rona-fairhead-to-the-board-of-directors-300882965.html
SOURCE Oracle