Oracle chief Ellison tops compensation list, IAC’s Diller No. 2
The analysis includes
salaries, bonuses, perks and realized gains on restricted stock and stock
options, the report said. It excludes new grants of restricted stock and stock
Critics said stock options
can drive executive compensation upward without helping shareholders, according
to the report.
Dell shareholders “lost 66
percent of the value of their stock during the decade, while CEO Michael Dell,
who launched the computer maker in his dorm room in the 1980s, brought home
$454 million,” the report says.
Still, many argue that large
compensation packages align with high performance.
Oracle shareholders “saw the
value of their stock triple, while shareholders of Apple saw their stock soar
nearly 12 times over,” the report says.
“Consider Mr. Ellison, a 65-year-old sailing enthusiast who
founded Oracle in 1977. In the 10 years ended May 31, 2009, the most recent
fiscal year for which Oracle has disclosed pay data, its market capitalization
nearly tripled, to $98 billion, from $36 billion,” the report says.
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