A Bunch Of High-Powered Shareholders Are Not Happy With Oracle's New Co-CEO Pay - Business Insider -BoardProspects

A Bunch Of High-Powered Shareholders Are Not Happy With Oracle's New Co-CEO Pay

Business Insider Sep 30 2014 BoardNews

Five bigwig institutional shareholders want to force Oracle to make radical changes to the way it pays it top three executives: executive chairman and CTO Larry Ellison and co-CEOs Safra Catz and Mark Hurd. They are concerned that Oracle's board of directors isn't independent enough from management and "insufficient board accountability and poorly designed compensation programs create ...
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