Oracle CEO Mark Hurd to take leave on health grounds

FAN Editor
FILE PHOTO: Mark Hurd, CEO of Oracle Corporation, speaks at the Wall Street Journal Digital conference in Laguna Beach
FILE PHOTO: Mark Hurd, CEO of Oracle Corporation, speaks at the Wall Street Journal Digital conference in Laguna Beach, California, U.S. October 18, 2017. REUTERS/Lucy Nicholson

September 11, 2019

(Reuters) – Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a leave of absence due to health-related reasons.

Separately, the company posted a 5.7% fall in quarterly profit.

Shares of the company were down 6% in extended trading.

(Reporting by Arjun Panchadar in Bengaluru; Editing by Shailesh Kuber)

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