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Oracle's Ellison tops best-paid CEO list for the decade
Tuesday, 27 July 2010, 18:55 Hrs
New York: Software major Oracle founder and Chief Executive Larry Ellison topped the list of best-paid executives in public companies during the past decade, receiving USD 1.84 billion as compensation, according to a Wall Street Journal analysis.
65-year-old Ellison, who founded Oracle in 1977, holds 23 percent stake in the company.
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In the 10 years ended May 31, 2009, the most recent fiscal year for which Oracle has disclosed pay data, its market capitalisation nearly tripled to USD 98 billion, from USD 36 billion.
Barry Diller has bagged the second position in the list of 25 best-paid executives during the past decade. Diller received roughly USD 1.14 billion from IAC/InterActive and Expedia.com, the online travel site IAC spun off in 2005, where he remains chairman.
Source: PTI
65-year-old Ellison, who founded Oracle in 1977, holds 23 percent stake in the company.
In the 10 years ended May 31, 2009, the most recent fiscal year for which Oracle has disclosed pay data, its market capitalisation nearly tripled to USD 98 billion, from USD 36 billion.
Barry Diller has bagged the second position in the list of 25 best-paid executives during the past decade. Diller received roughly USD 1.14 billion from IAC/InterActive and Expedia.com, the online travel site IAC spun off in 2005, where he remains chairman.
Source: PTI
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Reader's comments (12)
1: This fellow is not at all a human being. He
has attitude of "I have money so I do any
thing". He is been in to sex scandal and he
is popular for violating traffic rules. He
has weired interests. Such an idot.
Unfortunately oracle is just popular. This
will not lost longer.
There is no invention in Oracle everything is boughtover or copied product. Can any one can name a technology which is invented by Oracle.
DB- copied from IBM
ERP-copied from SAP/people soft.
Ruthless guy
There is no invention in Oracle everything is boughtover or copied product. Can any one can name a technology which is invented by Oracle.
DB- copied from IBM
ERP-copied from SAP/people soft.
Ruthless guy
Posted by: jdjvrg - 29 Jul, 2010
2:The world is definitely not about reinventing
the wheel... Even if u r being a follower to
market trends, its close to impossible that u
become a market leader.
Hats Off to his strategies and vision, which made him leaving all the milestones behind and redefine the rules of the game.
Tell me one visionary, who can beat him in this corporate world. Nevertheless, its a known fact, if the chairperson is earning so much, imagine the kind of benefits getting passed on to the Oracalites....
Hats Off to his strategies and vision, which made him leaving all the milestones behind and redefine the rules of the game.
Tell me one visionary, who can beat him in this corporate world. Nevertheless, its a known fact, if the chairperson is earning so much, imagine the kind of benefits getting passed on to the Oracalites....
Sudhish replied to: jdjvrg
post - 02 Aug, 2010
post - 02 Aug, 2010
4: Everyone knows he is the most GREEDIEST
person in the IT industry..
Posted by: Oracleite - 27 Jul, 2010
5:U may call him greediest, but he has a vision
and he is heading towards it...
Being an oracleite people might criticise him, but he has made a tremendous mark in this IT industry... think this way, given a chance to be in his shoes, could u have done the same ever? if ur answer is No, then that itself proves his worth...
Cheers..
Being an oracleite people might criticise him, but he has made a tremendous mark in this IT industry... think this way, given a chance to be in his shoes, could u have done the same ever? if ur answer is No, then that itself proves his worth...
Cheers..
Sudhish replied to: Oracleite
post - 28 Jul, 2010
post - 28 Jul, 2010
6: Good reply man!
Amit replied to: Sudhish
post - 28 Jul, 2010
post - 28 Jul, 2010
7: Remuneration packages of board members had
been highlighted as one of the causes for
boards or audit committees failing to perform
their CG functions properly leading to
collapse of many reputed firms and global
economic crisis recently. But Oracle chief is
getting this high pay for performing well.
This is clearly execeptional from the usual
trend. Full marks to Larry and his excellent
team. I hope the employees of the firm also
got similar hikes, as it is their teamwork
which made his achievment possible.
Posted by: SUBRAMANIA IYER - 27 Jul, 2010
8:thatz true.. but the employees of his firm do
not get waht they deserve in return. that is
sad..
Oracleite replied to: SUBRAMANIA IYER
post - 27 Jul, 2010
post - 27 Jul, 2010
9: Ora employees are the appropriately payed in
the industry depend upon their exp and their
educational certificates.
KKN replied to: Oracleite
post - 28 Jul, 2010
post - 28 Jul, 2010
10: That's really great, and he deserves it :)
Posted by: karthik - 27 Jul, 2010
11:elison is just a symbol of selfishness and
improper corporate governance
praween replied to: karthik
post - 27 Jul, 2010
post - 27 Jul, 2010
12: ohh... so elison used to take care of your
kithen too...
abhipendse replied to: praween
post - 28 Jul, 2010
post - 28 Jul, 2010
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