Co-founder and chairman Larry Ellison received $41.5 million, a 35% decrease from last year. More than half of the company’s investors have voted against its pay practices in each of the last four years, making the company an outlier. Security systemRedwood City, California-based Oracle paid $1.5 million in security-related costs and expenses for Ellison and $176,156 in security for Hurd. Ellison increased the amount of Oracle stock pledged against personal indebtedness and lines of credit to $12.4 billion, or 315 million shares, an increase of 15 million over last year’s figure. Thomas Kurian, the president of product development, received $35.7 million and John Fowler, executive vice president of systems, got $13.8 million.

Source: Mint September 25, 2016 15:56 UTC