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Oracle Board Shifts as Veterans Retire Amid AI Focus

1/10/2026

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Story summary
  • George Conrades, 86, former Akamai Technologies CEO, and Naomi Seligman, 87, senior partner at Ostriker von Simson, are retiring from Oracle's board after 18 years and since 2005.
  • Oracle confirmed their departures were not due to disputes.
  • Since September, Oracle replaced Safra Catz with Clay Magouyrk and Mike Sicilia.
  • Oracle aims to expand data centers for AI applications, while its stock fell in Q4 amid debt and AI-delivery concerns.