No payrise for Oracle CEO Safra Catz, but at least there's $76.4m from trading company shares to fall back on

Poor Safra Catz has had to find some way of making ends meet since she was offered no increase in her salary, no bonus, no new equity grant, and no performance-based equity vesting for her role as CEO of $40bn-revenue Oracle. She could not be expected to live within her $950,000 salary alone. Nor did she have to. Luckily for …

[Korev]

She could not be expected to live within her $950,000 salary alone.

Bless her, that's not many cores worth of Oracle database...

[Anonymous Coward]

I once had a quote for Oracle like that - said without a hint of "you might want to sit down for this one" - or "bend over here it comes" from our Account Manager.

We even needed specialist resources to install the RAC instance as it was on HP Itanium servers. Fast as lightning though when it was running.

[chivo243]

Fill the swimming pool

With all her tears... sorry, no time to feel bad, working really hard here, for ± 8% of her salary!

[ecofeco]

Re: Fill the swimming pool

Most of us are working really hard for 5% of that. When we can find work at all.

[chivo243]

Re: Fill the swimming pool

I did the math, less than 8% ;-{ I stopped there.... didn't want to depress myself any further!

[RM Myers]

Only $950,000 salary?

Won't someone think of the her children? That SOB Larry gives his kid a fighter jet, while Safra's kids have to make due with a Gulfstream. How embarrassing.

[PTW]

^^^ did the self censored post above

mention Carly, Meg or Dido? Yours, not a sexist, I hate all humans equally. FYI Leo was worse than Carly.

[Trigun]

$950,000 salary? Does that come with a monacle and top hat everytime she receives her payslip?

[sgp]

Monacle

Is that an Oracle-monocle?

[Sloppy Crapmonster]

$950k

Because $1,000,000/yr is just tacky.

[Dave314159ggggdffsdds]

Share options make great copy for jealous hacks. First in the year they're awarded, then use the same story again when they actually vest a few years later.

[ecofeco]

Nobody is jealous of a company that screws its customers. Project much?

[ecofeco]

Oh dear!

How WILL she manage?

[Simon Beckett]

Only 950k

Is it just me who read this and thought $950k seems a bit tame compared to the £421m salary paid to Denise Coates, founder of Bet365? I'm not judging, presumably she paid half of that to the treasury in taxes, and she is a major philanthropist who gives a lot of money away but I just thought it interesting that a £1m salary has been normalised.