Larry Ellison, founder and chairman of Oracle Corporation.
(file photo, France and New Zealand)
[Financial Channel/Comprehensive Report] According to foreign media reports, the executives of the US business software manufacturer "Oracle (Oracle)" once again ranked among the highest paid executives of large US companies. The company's chairman Larry Ellison (Larry Ellison) and CEO Safra Catz received total compensation of more than US$138 million (approximately NT$4.3 billion) for the fiscal year ended May 31, 2022.
The Wall Street Journal reported that the reason why Allison and Safra Catz will be paid so much is mainly due to Oracle's decision in 2021 to give company executives more time to earn stock options.
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According to the proxy statement, the $129.3 million (approximately NT$4.1 billion) of each of Allison and Safra Catz's compensation is Oracle's earlier giving executives an additional three years to obtain stock options originally granted in 2018. a considerable part of the options.
Oracle's shares closed at $64.55 on the 23rd, down 2.23%.
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