Oracle Paid CEO Larry Ellison $70.1 Million Last Year
This article is for subscribers only.
Oracle Corp., the world’s second-biggest software company, paid Chief Executive Officer Larry Ellison $70.1 million in total compensation for the past fiscal year, less than the $84.5 million he earned a year earlier.
Ellison agreed to lower his salary to $250,001, including benefits, as the company focused more on stock options and performance bonuses, Redwood City, California-based Oracle said today in a regulatory filing. His salary was $1 million the previous year.