Oracle's $100 Million in Executive Pay Packages Slammed by ISS - Bloomberg -BoardProspects

Oracle's $100 Million in Executive Pay Packages Slammed by ISS

Bloomberg Oct 26 2017 BoardNews

Oracle Corp. ’s attempt to respond to investor complaints about excessive executive compensation by awarding its three top bosses pay packages worth more than $100 million didn’t please proxy adviser Institutional Shareholder Services Inc. Investors should vote against the Redwood City, California-based company’s executive pay plan at the Nov. 15 annual meeting, ISS said Thursday in a report to clients...
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1. Ongoing equity mega-awards to top executives perpetuate a pay-for-performance disconnect.
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- Anders Melin