Oracle 2009 Annual Report Download - page 18

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Table of Contents
and pending applications that relate to various aspects of our products and technology. While we believe that our patents have value, no single patent is essential
to us or to any of our principal business segments. Research and development expenditures were $3.3 billion, $2.8 billion and $2.7 billion, in fiscal 2010, 2009
and 2008, respectively, or 12% of total revenues in each of the aforementioned fiscal years. Rapid technological advances in hardware and software
development, evolving standards in computer hardware and software technology, changing customer needs and frequent new product introductions and
enhancements characterize the software and hardware markets in which we compete. We plan on continuing to dedicate a significant amount of resources to
research and development efforts to maintain and improve our current product offerings.
Employees
As of May 31, 2010, we employed approximately 105,000 full-time employees, including approximately 24,000 in sales and marketing, approximately 9,000 in
software license updates and product support, approximately 1,000 in the manufacturing of our hardware systems products, approximately 5,000 in hardware
systems support, approximately 26,000 in services, approximately 28,000 in research and development and approximately 12,000 in general and administrative
positions. Of these employees, approximately 39,000 were located in the United States and approximately 66,000 were employed internationally. None of our
employees in the United States is represented by a labor union; however, in certain foreign subsidiaries workers’ councils represent our employees.
Available Information
Our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to reports filed pursuant to Sections 13(a)
and 15(d) of the Securities Exchange Act of 1934, as amended, are available, free of charge, on our Investor Relations web site at www.oracle.com/investor as
soon as reasonably practicable after we electronically file such material with, or furnish it to, the SEC. The information posted on our web site is not incorporated
into this Annual Report.
Executive Officers of the Registrant
Our executive officers are listed below.
Name Office(s)
Lawrence J. Ellison Chief Executive Officer and Director
Jeffrey O. Henley Chairman of the Board of Directors
Safra A. Catz President and Director
Charles E. Phillips, Jr. President and Director
Keith G. Block Executive Vice President, North America Sales and Consulting
Jeff Epstein Executive Vice President and Chief Financial Officer
John Fowler Executive Vice President, Systems
Thomas Kurian Executive Vice President, Product Development
Loic Le Guisquet Executive Vice President, Europe, Middle East and Africa (EMEA) Sales and Consulting
Luiz Meisler Executive Vice President, Latin America Sales and Consulting
Juergen Rottler Executive Vice President, Oracle Customer Services
Charles A. Rozwat Executive Vice President
Mike Splain Executive Vice President, Microelectronics Group
Derek H. Williams Executive Vice President, Japan Sales and Consulting
Dorian E. Daley Senior Vice President, General Counsel and Secretary
William Corey West Senior Vice President, Corporate Controller and Chief Accounting Officer
Mr. Ellison, 65, has been Chief Executive Officer and a Director since he founded Oracle in June 1977. He served as Chairman of the Board from May 1995 to
January 2004.
Mr. Henley, 65, has served as the Chairman of the Board since January 2004 and as a Director since June 1995. He served as an Executive Vice President and
Chief Financial Officer from March 1991 to July 2004.
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Source: ORACLE CORP, 10-K, July 01, 2010 Powered by Morningstar® Document Research