Chairman of the board of directors of the chairman of the board price was cut $22 million tencent upd

Oracle shares slump cut $22 million to the chairman of the remuneration of U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes warrants to view the latest quotes according to "the Wall Street journal" reported that the oracle in the past year stock prices flat, investment return rate is only 8.8%, while the S & P 500 index rose 12% over the same period, coupled with the shareholders of the company under the current salary system, the company decided to cut executive pay. Pay the first knife is the chairman and co-founder of Larry – Ellison, his 2016 fiscal year, the value of $41 million 500 thousand salary, down by $35% over the previous fiscal year, revenue fell about $22 million. In addition, Oracle’s two co CEO Mark – Hird – Katz and zafra salaries have been cut by 23%, two of them in the last fiscal year $41 million in total compensation. Ellison, chairman of the board for the left (data map) generally speaking, as a listed company executives, the composition of their income is not only wages, but also stock and options incentives and other sources. Ellison, chairman of the board and co-founder of the current salary of $1, the board of directors to adjust its income mainly for stock and option awards sharply. It is worth mentioning that Ellison was previously the Oracle CEO, Oracle announced days before Ellison decided to retire while CEO served as executive chairman and chief technology officer, Ellison co founded the oracle in 1977. September 16th, Oracle released the first quarter of fiscal year 2017 earnings. The report shows, Oracle first quarter total revenues of $8 billion 595 million, $8 billion 448 million compared with the same period last year growth of 2%, excluding the impact of changes in exchange rates is an increase of 3%; net profit of $1 billion 832 million, $1 billion 747 million compared with the same period last year growth of 5%, excluding the impact of exchange rate changes to an increase of 6%. The average expected Oracle first quarter results failed to meet Wall Street analysts, leading to its after hours stock price fell nearly 2%. Editor: Li Li SF053相关的主题文章: