1. Oracle CEO Takes Medical Leave; Company Grappled for Months Over Disclosure of Illness

    Oracle CEO Takes Medical Leave; Company Grappled for Months Over Disclosure of Illness

    SAN FRANCISCO (BLOOMBERG) - Oracle Corp said chief executive officer Mark Hurd is taking a leave of absence for unspecified health-related reasons, disclosing the move along with quarterly earnings on Wednesday afternoon (Sept 11). The software company made the announcement a day earlier than the results were scheduled to be released, after Bloomberg News contacted Oracle in relation to a story about the executive's health...

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    1. The default position for a company whenever any senior executive is facing health issues should be to disclose, because it is something investors need to know when they assess a company.
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