Oracle's $100 Million in Executive Pay Packages Slammed by ISS

The Oracle Corp. headquarters stands in Redwood City, California.
Photographer: David Paul Morris/Bloomberg

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By Anders Melin

October 26, 2017 at 8:47 PM UTC

Updated on

November 13, 2017 at 5:53 PM UTC

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Oracle Corp.’s attempt to respond to investor complaints about excessive executive compensation by awarding its three top bosses pay packages worth more than $100 million didn’t please proxy adviser Institutional Shareholder Services Inc.

Investors should vote against the Redwood City, California-based company’s executive pay plan at the Nov. 15 annual meeting, ISS said Thursday in a report to clients.