Oracle CEO Mark Hurd takes medical leave; first-quarter revenue misses

Found 7 days ago at Reuters

Reuters Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a medical leave, and the business software maker posted first quarter revenue that missed Wall Street expectations. The company’s shares were down 2% in extended trading. Hurd is one of Oracle’s two CEOs, the other being Safra Catz. Under their tenure, the company has tried to rapidly transition...

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