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In Brief / COMPENSATION

Oracle CEO is paid $35 million

September 15, 2007|From Times Wire Services

Oracle Corp. said it paid Chief Executive Larry Ellison $35 million in fiscal 2007.

The amount included a $1-million salary and $24 million in stock options, the Redwood Shores, Calif.-based software maker said in a regulatory filing. Ellison also received an $8.37-million bonus and $1.72 million in perks including insurance, home security and family members' trips on the company plane in the year ended in May.

Ellison, 63, received $1 million in salary with a $6.41-million bonus in 2006.

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