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Kimmel’s back ex Sinclair, Oracle’s 4x CEOs, Office Depot’s gay wedding designer moment
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DAMION
Oracle names two CEOs in rare leadership shift after Catz exit Who Will You Blame?
Lord Emperor Larry Ellison (65% influence and 42% voting power): he still gets $8.3M in pay despite owning ~$378B in Oracle stock. Is this even possible? He got security-related costs and expenses of $2,999,264 for his primary residence. Board chair
Former CEO and now Executive Vice Chair Safra Catz. She’s staying on the board.
221,974: (i) Company matching contributions under our 401(k) Plan of $5,100, (ii) flexible credits used towards covering the premiums for cafeteria-style benefit plans in the amount of $14,860, (iii) security-related costs and expenses to augment the existing security system at Ms. Catz’s primary residence, (iv) legal counsel fees and (v) aggregate incremental costs to Oracle of $200,086 for Ms. Catz’s use of Oracle’s private aircraft for non-business travel. This leaves $1,928 for legal fees and security: for a Larry:Safra We Love Him More Security Ratio of: ~3114:1
Catz still got $6.5M despite owning $2.8B of company stock
New co-CEO and director Clayton Magouyrk: joined Oracle in 2014, is 39
Mr. Magouyrk will receive a grant of stock options to purchase $250M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of performance-based stock options (“PSOs”).
New co-CEO and director Michael Sicilia: joined Oracle in 2009, is 54
Mr. Sicilia will receive a grant of stock options to purchase $100M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of PSOs.
The writer of this article: Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect
80% of the grant consists of time-based stock options, hello??
AutoZone Stock Falls After Its Fifth Consecutive Earnings Miss Who Do You Blame?
William Rhodes III: Executive Chair (2007-) and former CEO, causing serious leadership strain
CEO Philip Danielle III (2024-) for being weak in the face of Rhodes III
Earl Graves Jr.: the longest tenured director has served for over two decades and still has the indecency to call himself the “Lead Independent Director.” He’s also the chai