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Oracle Shareholders Vote Against Ellison's Compensation Package (Again)

Posted by samzenpus on from the no-bonus-for-you dept.

angry tapir writes "A majority of Oracle shareholders have once again voted against the company's executive pay practices, including for CEO Larry Ellison. The vote at Oracle's annual shareholder meeting is nonbinding, and follows complaints from some large shareholders and their representatives who say Ellison is overpaid compared to his peers. Ellison is paid US$1 in salary, receiving the rest of his pay in stock options. In Oracle's past fiscal year, that totaled $76.9 million. Shareholders voted against Oracle's executive pay practices at last year's meeting as well."

4 of 213 comments (clear)

  1. Re:Why? by hairyfish · · Score: 4, Funny

    The bicycle of political influence? You really just said that?

  2. Re:Two Presidents by Anonymous Coward · · Score: 5, Funny

    So Hurd isn't that important? I Gnu it!

  3. Re:A bunch of spineless wimps... by Tridus · · Score: 3, Funny

    Oracle's shareholders agree with him. Damn socialist investment bankers!

    --
    -- "So they told me that using the download page to download something was not something they anticipated." - Bill Gates
  4. Somewhat disappointed by Anonymous Coward · · Score: 2, Funny

    Maybe /. has grown up, or is it just me, but...

    Not even a single joke about shareholders shocked by the size of Larry's packgage? How come?