ORCL · Oracle Corporation

Oracle's Board elected Dr. Tomislav Mihaljevic, a seasoned healthcare executive and current CEO of Cleveland Clinic, effective May 6, 2026, increasing the board size to 13. His extensive experience leading Cleveland Clinic since 2018, including prior roles at Cleveland Clinic Abu Dhabi and as a GE HealthCare director, positions him to provide valuable insights at the intersection of healthcare and technology. Oracle executives highlighted his expertise in managing complex clinical organizations and advancing patient care as key benefits for the company's healthcare technology initiatives. Compensation follows standard non-employee director terms, with RSUs vesting after one year and no committee roles assigned yet. Directors serve one-year terms, with the next election at the November 2026 annual meeting.