ABU DHABI / GULF TIME VOX Cinemas, owned and operated by Majid Al Futtaim, has …
Read More »Oracle reduces co-chief’s pay to $41.5 million
Bloomberg Oracle Corp., which has faced shareholder opposition to its compensation practices, cut pay for its top executives in 2016. Co-founder and chairman Larry Ellison received $41.5 million, a 35 percent decrease from last year. Co-Chief Executive Officers Safra Catz and Mark Hurd each received about $41 million, a 23 percent decline. The drop for the co-CEOs is accentuated …
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