Posted by: Mark Fontecchio
According a report in The Wall Street Journal today, Oracle CEO Larry Ellison was the best paid executive of a public company in the last decade, raking in a whopping $1.84 billion.
As you can see on the right in the picture from The Wall Street Journal, Ellison’s salary accounts for a very small fraction of his overall compensation. Most comes from gains on options that came as a result of the company thriving over the last 10 years.
Ellison tops a 25-member list that includes Larry Diller of Interactive Corp./Expedia.com, Ray Irani of Occidental Petroleum, and Steve Jobs at Apple. Other technology-related CEOs in the mix include Terry Semel at Yahoo, Michael Dell at Dell and John Chambers at Cisco.
Unlike many on the list, Ellison’s high level of compensation went hand-in-hand with the company’s performance. Jobs was another example. But there were some on the list, such as Dell, who received big compensation packages despite their companies performing poorly.