
Oracle Dives 16.6% as Exec Departs for Veritas
Softwaremaker
Oracle
(ORCL) - Get Oracle Corporation Report
was down 16.6% in preopen
Island
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trading. Its executive vice president, Gary Bloom, is leaving to become president and CEO of storage-management softwaremaker
Veritas Software
(VRTS) - Get Virtus Investment Partners Inc. Report
.
Bloom led core database business and its Internet and e-business units. Veritas was up 4.5%.