Oracle Corp. said it strongly disagreed with Glass Lewis & Co.’s proposals to vote against the election of Chief Executive Safra Catz, Board Director Vishal Sikka and members of the compensation committee at its annual shareholder meeting on Nov. 10, as well as the proxy adviser’s rejection of advisory approval of the company’s executive compensation plan.

Oracle said that it disagreed with the proxy adviser’s recommendation to withhold votes for Catz, stating that she is helpful in bringing knowledge of the company’s strategic vision, management and operations to the board. READ MORE