As You Sow

View Original

Top Oracle execs Larry Ellison, Mark Hurd and Safra Catz failed to earn all of their annual bonuses this year

For the second year in a row, Oracle’s board has told investors that its trio of top execs — CEO Safra Catz, fellow CEO Mark Hurd, and CTO Larry Ellison — won’t be getting their all of their bonuses.

  • The company says they didn’t meet the business objectives, including specific cloud computing revenue targets.

  • And for the second year in a row, this loss of bonuses is a bit of a red herring.

  • All three execs, who have been called among the most overpaid CEOs in 2019, will still earn handsome compensation. Read Full Article - Business Insider, August 2, 2019