Business Context and Reporting Period
This Form 8-K was filed by Oracle Corporation on February 4, 2013. The report discloses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel announcement and contains no financial data.
Material Changes
The material change reported is the departure of a director:
- Donald L. Lucas notified the Corporation of his retirement and resignation as a member of the Board of Directors and any committees thereof.
- The resignation is effective immediately as of February 4, 2013.
- Mr. Lucas is retiring after more than 30 years of service to the Corporation.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the director's departure.
Key Facts for Investor Verification
- Donald L. Lucas has resigned from the Oracle Board of Directors effective February 4, 2013.
- The resignation follows more than 30 years of service.
- The filing does not disclose any immediate financial impact or replacement for the director.