Larry Ellison stepped down from his CEO position to become executive chairman of Oracle’s board but took home $67.3m for his final year in the job, which is 15% less than what he got a year before.
Ellison’s salary remained $1m, but he got $79.6m in 2013 for his role as CEO, the reduction was seen in Ellisons stock option which was 2.25m, 0.75m less when compared to what he got a year before.
According to the Securities and Exchange Commission filing the company paid him a bonus of $741,000 and $1.54 m in "other compensation".
Reports suggest that investors were not happy with Ellison’s pay packages when the company is not performing well, according to Reuters.
According to a filing with the US Securities and Exchange Commission, Oracle’s newly appointed CEOs Catz and Hurd got $37.7 m each for the year ended May 2014.
