She could not be expected to live within her $950,000 salary alone.
Bless her, that's not many cores worth of Oracle database...
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 …
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.
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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.