The bulk of Ellison's fortune comes from his 23.5 percent stake in Oracle, the world's largest database company. He also owns a 49 percent stake in NetSuite, as well as an interest in educational software maker LeapFrog Enterprises. He has an estimated $4 billion in cash and other assets, including numerous real estate properties.
Oracle Corp. shareholders should vote against the company’s independent directors at the annual meeting, Institutional Shareholder Services said, seeking to better align executives’ pay with performance.
Oracle Corp., the world’s largest database-software maker, said Chief Executive Officer Larry Ellison’s pay package is “appropriate,” responding to CtW Investment Group’s criticism of compensation for top managers.