CEO Compensation — Oracle (ORCL)
Oracle (ORCL) CEO Larry Ellison is the fifth-richest person on the planet, worth an estimated $50.4 billion, according to Forbes magazine. Unlike Mike Duke, Ellison hasn’t deferred much of his CEO compensation in recent years. At the end of fiscal 2013, Ellison’s non-qualified deferred compensation balance sat at $14.9 million, just $6.4 million higher than in 2009.
Clearly, when you are as rich as Larry Ellison is, you’re not worried about how much you’ve stashed away for retirement. Especially when you already own 1.15 billion shares in a $183 billion market-cap company and receive $77 million annually in stock options. It boggles my mind that someone so rich would feel the need to line his pockets at the expense of other shareholders. His CEO compensation, given his wealth, is the most egregious example that I can find in the S&P 500.
As of this writing, Will Ashworth did not own a position in any of the aforementioned securities.