Said Oracle Founder, Executive Chairman, and Chief Technology Officer Larry Ellison, "Mark has requested a leave of absence from Oracle to address some health related issues and we all wish him a speedy recovery. Oracle has an extremely capable CEO in Safra Catz and an extraordinarily deep team of executives, many with long tenure at Oracle. Safra and I will cover Mark's responsibilities during his absence with support from the rest of our strong management team."
Also, co had been scheduled to report earnings tomorrow after the close. Perhaps this news prompted ORCL to report a day early.
Oracle reports EPS in-line, revs in-line; adds $15 bln to buyback