Oracle
Names Leon Panetta to the Board of Directors
REDWOOD SHORES, Calif. – January 19, 2015
“We are honored to welcome Secretary Panetta to our Board,” said Larry Ellison, Chairman of the Board of Directors and Chief Technology Officer. Dr. Michael Boskin, independent Chair of the Nomination and Governance Committee, added, “Secretary Panetta is a dynamic leader with a distinguished record of public service at the highest levels of government. He will add deep expertise and brings a fresh perspective to our Board.”
Secretary
Panetta served in the Obama Administration as U.S. Secretary of Defense from
2011 to 2013 and as Director of the Central Intelligence Agency from 2009 to
2011. Previously, he was White House Chief of Staff and Director of the
Office of Management and Budget under President Bill Clinton. From 1977
to 1993, Secretary Panetta was a member of the U.S. House of Representatives
representing California’s 16th district, which included Monterey, San
Benito, and parts of San Luis Obispo and Santa Cruz.
Secretary
Panetta and his wife Sylvia founded and currently co-direct the Panetta
Institute for Public Policy, located at California State University, Monterey
Bay. He has served as a Distinguished Scholar to the Chancellor of the
CSU system, and as a member of the Board of Trustees and a Presidential
Professor at Santa Clara University. He recently authored a best-selling
memoir, Worthy Fights.
All members
of Oracle’s Board of Directors serve one-year terms and are expected to stand
for election at the company’s next annual shareholders meeting in November,
2015.
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