Oracle Corporation, a leading technology company, disclosed in an 8-K filing with the Securities and Exchange Commission on January 8, 2025, that Edward Screven, Executive Vice President and Chief Corporate Architect, is set to retire from the company.
Having dedicated 38 years of service to Oracle, Mr. Screven has chosen to retire by the end of February 2025. In the transitional phase leading to his retirement, he will be actively involved in transferring his responsibilities. Moreover, Mr. Screven will maintain his position as Oracle’s representative on the Board of Directors of Ampere Computing Holdings LLC.
Following the filing, Kimberly Woolley, Vice President, Assistant General Counsel, and Assistant Secretary of Oracle Corporation, signed the report on January 13, 2025, fulfilling the requirements outlined by the Securities Exchange Act of 1934.
Investors and industry analysts are likely to keep a close eye on Oracle’s upcoming transition as the company navigates this change in its executive team.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Oracle’s 8K filing here.
About Oracle
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.
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