Oracle Shareholders Urged to Vote Against Most Directors

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Oracle Corp. shareholders should vote against the company’s independent directors at the annual meeting, Institutional Shareholder Services said, seeking to better align executives’ pay with performance.

ISS, which advises investors about corporate proxy matters, said votes should be withheld from Chairman Jeff Henley and seven independent board members, including Bruce Chizen, George Conrades and Naomi Seligman of the compensation committee as part of its proposals to revamp Oracle’s compensation policies.