Oracle beat analyst expectations with adjusted earnings per share of $1.06 compared to the anticipated $1.00, and revenue at $9.8 billion compared with expectations of $9.79 billion.
Oracle grants large equity awards every few years. The CEO, CFO and chief technology officer did not receive a large equity grant in fiscal 2020, explaining the higher total reported compensation for the lower-ranking compensation in the disclosure. Oracle released quarterly earnings Thursday, beating expectations for both revenue and earnings per share.
The year has been eventful for the software giant — its former co-CEO Mark Hurd passed away in late 2019, shifting sole chief executive management responsibility to CEO Safra Catz. The firm also continues to beAs the chaos of 2020 continues to unfold, billionaire former banker and now-CEO Catz is paid well to lead the charge — but, surprisingly, other executives at Oracle are making much more than her. Let's unpack why.Oracle grants equity awards frequently, but not every year.
The other three executives — Daley, Henley, and West, who serve as the general counsel, vice chairman, and controller and chief accounting officer, respectively — received equity grants in fiscal 2020, each valued at more than $4.9 million. For this reason, Daley, Henley, and West have much higher total reported compensation in 2020 than higher-ranked officers at the firm.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Inside the IPO frenzy: what top capital markets lawyers are saying - Business Insider5 top capital-markets lawyers take us inside 2020's IPO frenzy: Here's how they're raking in millions on the hottest public debuts of the year — and what they think 2021 will look like
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Inside Amazon Care, the tech giant's bet on primary care - Business InsiderAmazon is quietly building a business to offer medical care to major companies. Here's an inside look at Amazon Care. Unionize the Amazon workers.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
An inside look at Amazon Care's ambitions - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. unionize amazon workers, socialize healthcare. JeffBezos A preview of Trump's Space program? 😷Speechless!
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Inside the SolarWinds cyberattacks – FireEye leader explains discovery - Business InsiderInside the discovery of the massive SolarWinds cyberattacks: FireEye's top expert explains how his team found a 'needle in a haystack of needles'
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Inside Michelob's pandemic marketing strategy that's boosted sales - Business InsiderMichelob Ultra's sales have soared even as people ditch beer. Here's how the brand has catered to health-focused consumers in the pandemic. 90% of news about covid and trump
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »