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Boston Business Journal: Oracle CEO joins $1 salary elite

Source: Androscoggin News

San Francisco : CA : USA | 3 months ago

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CEO Larry Ellison agreed to be paid a salary of $1 for fiscal 2010, down from the $1 million he got in fiscal 2009...Like them, Ellison’s status as the fourth richest man in the world (according to Forbes magazine) will depend on the performance of his company’s stock.

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News Stories

CEOs Hold Off Exercising Options, but Not Ellison

News Source: Asian Wall Street Journal | 3 months ago

The recession is crimping the stock-option fortunes of many Silicon Valley executives -- but not as much for Oracle Corp...So far this year, 34 of the 143 CEOs of Silicon Valley's biggest public companies by revenue have exercised stock options,...
Boston Business Journal: Oracle CEO joins $1 salary elite

News Source: Androscoggin News | 3 months ago

CEO Larry Ellison agreed to be paid a salary of $1 for fiscal 2010, down from the $1 million he got in fiscal 2009...Like them, Ellison’s status as the fourth richest man in the world (according to Forbes magazine) will depend on the performance of...
Oracle CEO's pay package sags by $100,000 for '09 -- to $84.5 million

News Source: Chicago-Sun Times | 3 months ago

Oracle Corp.'s billionaire CEO Larry Ellison padded his fortune with a fiscal 2009 pay package the company valued at $84.5 million, down about $100,000 from the year before and made up mostly of stock options that haven't vested yet. On top of that,...
PC Pro, UK: Oracle CEO agrees to million dollar pay cut

News Source: Androscoggin News | 3 months ago

06 Oracle chief executive Larry Ellison will draw a salary of just one dollar in 2010, down from the $1 million he's received in the past three years. The cut was revealed in Oracle's filing with the Securities and Exchange Commission, and suggests...