Saturday, September 20, 2014

Oracle’s Management Shift Was Designed to Retain New CEOs | Re/code

That compensation level probably limits the number of potentially interesting (outside Oracle) CEO roles...

"The situation was similar for Catz, who is the highest-paid female executive in the world. Like Hurd, she made about $43.6 million in combined salary and stock-based compensation last year, and nearly $52 million the year before that. In 2012, she was given options to buy five million Oracle shares at a strike price of $29.72, vesting over four years, according to Oracle’s proxy. She too has been approached for jobs outside of Oracle, sources say, but like Hurd, declined to engage in any talks.

And while the terms of their compensation as CEOs hasn’t yet been disclosed, both will certainly see increases."
Oracle’s Management Shift Was Designed to Retain New CEOs | Re/code
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