Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Larry Ellison
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== 1994β2010 === [[File:Larry Ellison on stage.jpg|thumb|left|Ellison in 2009]] In 1994, Informix overtook Sybase and became Oracle's most important rival. The intense war between Informix CEO Phil White and Ellison was front-page Silicon Valley news for three years. In April 1997, Informix announced a major revenue shortfall and earnings restatements. Phil White eventually landed in jail, and [[IBM]] absorbed Informix in 2001. Also in 1997, Ellison was made a director of [[Apple Computer]] after [[Steve Jobs]] returned to the company. Ellison resigned in 2002. With the defeat of Informix and of Sybase, Oracle enjoyed years of industry dominance until the rise of Microsoft SQL Server in the late 1990s and IBM's acquisition of Informix Software in 2001 to complement their [[IBM DB2|DB2]] database. {{As of | 2013 }} Oracle's main competition for new database licenses on UNIX, [[Linux]], and Windows operating systems comes from IBM's DB2 and from Microsoft SQL Server. IBM's DB2 still dominates the [[Mainframe computer|mainframe]] database market. In 2005, Ellison agreed to settle a four-year-old insider-trading lawsuit by offering to pay $100 million to charity in Oracle's name.<ref name="InfoWorld">{{cite news |last=McMillan |first=Robert |date=September 12, 2005 |title=Ellison to settle insider trading suit |publisher=[[InfoWorld.com]] |agency=[[IDG News Service]] |url=http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149 |url-status=live |access-date=October 28, 2012 |archive-url=https://web.archive.org/web/20130223123531/http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149 |archive-date=February 23, 2013}}</ref> In 2005, Oracle Corporation paid Ellison a $975,000 salary, a $6,500,000 bonus, and other compensation of $955,100.<ref>{{cite web |url=https://www.sec.gov/Archives/edgar/data/777676/000119312505177313/ddef14a.htm |title=Definitive Proxy Statement |publisher=[[Securities and Exchange Commission]] |access-date= June 4, 2013 |archive-date= November 12, 2012 |archive-url= https://web.archive.org/web/20121112073954/http://www.sec.gov/Archives/edgar/data/777676/000119312505177313/ddef14a.htm |url-status= live}}</ref> In 2007, Ellison earned a total compensation of $61,180,524, which included a base salary of $1,000,000, a cash bonus of $8,369,000, and options granted of $50,087,100.<ref>{{cite web |url=http://www.equilar.com/CEO_Compensation/ORACLE_CORP_Lawrence_J._Ellison.php |title=Executive Compensation: Lawrence J. Ellison, Oracle (ORCL) 2007 Annual Comp. |publisher=Equilar |archive-url= https://web.archive.org/web/20090208211428/http://equilar.com/CEO_Compensation/ORACLE_CORP_Lawrence_J._Ellison.php |archive-date= February 8, 2009}}</ref> In 2008, he earned a total compensation of $84,598,700, which included a base salary of $1,000,000, a cash bonus of $10,779,000, no stock grants, and options granted of $71,372,700.<ref>{{cite web |url=http://www.equilar.com/CEO_Compensation/Oracle_Lawrence_J._Ellison.php |title=Executive Compensation: Lawrence J. Ellison, Oracle (ORCL) 2008 Annual Comp. |publisher=Equilar |archive-url= https://web.archive.org/web/20090414092334/http://www.equilar.com/CEO_Compensation/Oracle_Lawrence_J._Ellison.php |archive-date= April 14, 2009}}</ref> In the year ending May 31, 2009, he made $56.8 million.<ref name="cut">{{cite news |title=Oracle CEO's base pay cut to $1 |date=August 22, 2009 |page=B3 |newspaper=[[Los Angeles Times]] |url=https://www.latimes.com/archives/la-xpm-2009-aug-22-fi-briefs22.s5-story.html |access-date= December 23, 2014 |archive-date= April 4, 2014 |archive-url= https://web.archive.org/web/20140404153252/http://articles.latimes.com/2009/aug/22/business/fi-briefs22.S5 |url-status= live}}</ref> In 2006, ''[[Forbes]]'' ranked him as the richest Californian.<ref name="Larry Ellison topic page">{{cite news |url=https://www.forbes.com/profile/larry-ellison/ |title=Larry Ellison |newspaper=[[Forbes]] |access-date= May 27, 2020 |archive-date= January 31, 2018 |archive-url= https://web.archive.org/web/20180131145538/https://www.forbes.com/profile/larry-ellison/ |url-status= live}}</ref> In April 2009, after a tug-of-war with IBM and [[Hewlett-Packard]], Oracle announced its intent to buy [[Sun Microsystems]].<ref>{{cite news |first=Timothy Prickett |last=Morgan |title=Sun proxy details its dating game |url=https://www.theregister.co.uk/2009/05/12/suns_three_suitors |newspaper=[[The Register]] |date=May 12, 2009 |access-date=June 23, 2009 |archive-date=May 15, 2009 |archive-url=https://web.archive.org/web/20090515154057/http://www.theregister.co.uk/2009/05/12/suns_three_suitors/ |url-status=live}}</ref> On July 2, 2009, for the fourth year in a row, Oracle's board awarded Ellison another 7 million stock options.<ref>{{cite web |url=http://www.siliconbeat.com/2009/07/13/here-we-go-again-oracles-ellison-gets-more-options |title=Here We Go Again: Oracle's Ellison Gets More Options |publisher=Siliconbeat.com |date=July 13, 2009 |access-date=June 4, 2013 |archive-date=November 5, 2013 |archive-url=https://web.archive.org/web/20131105013010/http://www.siliconbeat.com/2009/07/13/here-we-go-again-oracles-ellison-gets-more-options/ |url-status=live}}</ref> On August 22, 2009, it was reported that Ellison would be paid only [[One-dollar salary|$1 for his base salary for the fiscal year]] of 2010, down from the $1,000,000 he was paid in fiscal 2009.<ref name="cut" /><ref name="salary">{{cite web |url=https://money.cnn.com/2013/11/01/technology/enterprise/larry-ellison-pay/ |title=Oracle shareholders say 'no' to Larry Ellison's pay |publisher=CNN |date=November 1, 2013 |access-date=March 10, 2011 |archive-date=November 8, 2013 |archive-url=https://web.archive.org/web/20131108044141/http://money.cnn.com/2013/11/01/technology/enterprise/larry-ellison-pay |url-status=live}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)