Oracle’s granted no bonuses to Larry Ellison, Safra Carz and Mark Hurd causing their earnings to drop by 98% from the 2018 fiscal year.
Oracle executives Larry Ellison, Safra Catz and Mark Hurd saw their pay drop by 98%, according to an proxy statement ahead of the database giant's annual shareholder meeting. Oracle said the three executives got no bonuses and equity awards which tied to the tech giant's financial performance. But they still got substantial pay from earlier grants and other forms of compensation. Visit Business Insider's homepage for more stories.
Oracle executives Larry Ellison, Safra Catz and Mark Hurd saw their pay drop by 98%, according to an proxy statement ahead of the database giant's annual shareholder meeting. Oracle said the three executives got no bonuses and equity awards which tied to the tech giant's financial performance. But they still got substantial pay from earlier grants and other forms of compensation. Visit Business Insider's homepage for more stories.
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