Yesterday I posted about the “retirement” of Larry “Ninja” Ellison, to have the CEO duties at Oracle taken over by a pair of yes men fucktards… Yesterday all was reviled in a MercuryNews article… Don't cry for Larry. He has a net worth estimated at $50 billion, and some experts believe one of the main reasons he gave up the CEO title -- he'll still be executive chairman and chief technical officer -- was to quiet shareholder complaints about his pay package. As the Los Angeles Times notes, CTO salaries don't have to be disclosed to shareholders. Ellison was consistently one of the highest-paid CEOs in Silicon Valley. In 2013, Ellison made $78.4 million in total compensation, according to a Mercury News survey, and he's made more than $2 billion in compensation since 2000, according to the Wall Street Journal. And as Oracle's new co-CEO's, Safra Catz said Thursday, "There will actually be no changes," the shakeup will be in titles only. Well there you have it, Larry fucks the shareholders, retains his gargantuan salary, and the douchenozzles replacing him will do exactly as he tells them. Isn’t capitalism great?
And Larry will retain his sympathetic management style!