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Oracle’s Ellison Highest-Paid CEO as Pay Gains, NYT Reports

Oracle Corp. CEO Larry Ellison
Oracle Corp. Chief Executive Officer Larry Ellison received $96.2 million, which includes salary, perks and bonuses ($3.9 million) and stock options valued at $90.7 million. Photographer: David Paul Morris/Bloomberg

Oracle Corp.’s Larry Ellison was the highest-paid chief executive officer in the U.S. last year as total compensation gained 3 percent from 2011, the New York Times reported.

Ellison received $96.2 million, which includes salary, perks and bonuses ($3.9 million) and stock options valued at $90.7 million, the newspaper said in an article published online for tomorrow’s edition. Richard Bracken of HCA Holdings Inc. was second with $38.6 million, followed by Walt Disney Co.’s Robert Iger at $37.1 million, the Times said.

The median total compensation for U.S. CEOs rose to more than $14 million, the newspaper said, citing the survey by executive compensation tracker Equilar.

Nike Inc.’s Mark Parker was fourth this year with $35.2 million, followed by Viacom Inc.’s Philippe Dauman, who was fourth last year, with $33.4 million, the Times said. EBay Inc.’s John Donahoe was sixth with $29.7 million, the newspaper said.

Seventh through 10th, respectively, were Howard Schultz, Starbucks Corp., $28.9 million; Stephen Chazen, Occidental Petroleum Corp., $28.5 million; Kenneth Chenault, American Express Co., $28 million; and Louis Camilleri, Philip Morris International Inc., $24.7 million.

Equilar’s study for the newspaper covered executives at public companies with annual revenue of more than $5 billion which had filed proxy statements by March 29, the Times said.

Equilar analyzed base salaries, cash bonuses, perks, stock awards and stock options for the newspaper.

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