---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-219708"
form_type: "8-K"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2026-05-12T20:50:49+00:00"
generated_at: "2026-05-12T20:53:10.803100+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Oracle elects Cleveland Clinic CEO Tomislav Mihaljevic to Board of Directors

## Summary
- Board expanded to 13 members; election effective May 6, 2026.
- Dr. Mihaljevic is CEO and President of Cleveland Clinic (since 2018) and former GE HealthCare director.
- Will receive standard non-employee director RSUs vesting on first anniversary and cash compensation.
- No related-party transactions or family relationships with Oracle officers reported.
- No committee assignment at this time; directors stand for re-election at Nov 2026 annual meeting.

## SEC filing metadata
- accession: 0001193125-26-219708
- form_type: 8-K
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2026-05-12T20:50:49+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000119312526219708/0001193125-26-219708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000119312526219708/d76569d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-219708
- JSON: https://secwatch.observer/filing/0001193125-26-219708.json
- Plain text: https://secwatch.observer/filing/0001193125-26-219708.txt

## Key facts
- Executive change
  Tomislav Mihaljevic was elected as Director at ORACLE CORP.
  - Action: elected
  - Role: Director
  source text: the Board of Directors (the “Board”) of Oracle Corporation (“Oracle”) unanimously elected Tomislav Mihaljevic to serve as a director, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341439/000119312526219708/0001193125-26-219708-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
