Oracle CEO $77 Million Pay Riles Investors and 2 More Heavily Traded Stocks to Follow
Oracle Corp. (NYSE:ORCL): Current price $33.81
During the fiscal year that ended in May, Chief Executive Larry Ellison, whose Oracle Team USA won the America’s Cup on Wednesday, received a compensation package valued at close to $77 million. Oracle’s share performance has been up an down, and Ellison’s pay is high enough to get negative attention of investors. That discontent is growing and could ignite a confrontation at its upcoming annual meeting, said a report in The Wall Street Journal. In the same period, the company’s stock moved up by around 28 percent, but afterwards plunged 9 percent June 21 after it posted flat sales.