Dear Oracle Legal Compliance, Per your request, in response to Bonas’ 07-06-12 economic price compliance disclosures, your department, on behalf of Oracle, has requested to be removed from the Bonas program’s “Friend” list. The Company’s request is being attended to. Oracle Corporation (NASDAQ: ORCL) is an American multinational computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Headquartered at 500 Oracle Parkway, Redwood Shores, Redwood City, California, United States and employing approximately 113,644 people worldwide as of 30 June 2012,[3] it has enlarged its share of the software market through organic growth and through a number of high-profile acquisitions. By 2007 Oracle had the third-largest software revenue, after Microsoft and IBM.[4] The company also builds tools for database development and systems of middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) and supply chain management (SCM) software. Larry Ellison, a co-founder of Oracle Corporation, has served as Oracles CEO throughout its history. He also served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. On August 22, 2008 the Associated Press ranked Ellison as the top-paid chief executive in the world. Lawrence Joseph Larry Ellison (born August 17, 1944) is the co-founder and chief executive officer of Oracle Corporation, one of the worlds leading enterprise software companies. As of 2012, he is the third wealthiest [former] American citizen, with an estimated worth of $36.5 billion. The bulk of Ellisons fortune comes from his 22.5 percent stake in Oracle. During the 1970s, after a brief stint at Amdahl Corporation, Ellison worked for Ampex Corporation. One of his projects was a database for the CIA, which he named Oracle. On June 20, 2012 it was reported that Ellison had agreed to buy the 98 percent of the Hawaiian island of Lanai currently owned by David Murdocks company, Castle & Cooke. The price was reported to be between $500 million and $600 million. Income In 2005, Oracle paid Ellison a $975,000 salary, a $6,500,000 bonus, and other compensation of $955,100. 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. [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 stocks granted, and options granted of $71,372,700. In the year ending May 31, 2009 he made $56.8 million. For a short period in 2000, Ellison was the richest man in the world. In 2006, Forbes ranked him as the richest Californian. On July 2, 2009, for the fourth year in a row, Oracles Board awarded Ellison another 7 million stock options. On August 22, 2009, it was reported that Ellison would be paid only $1 for his base salary for the fiscal year of 2010, down from the $1,000,000 he was paid in fiscal 2009.[1] As of March 10, 2010, Ellison was listed on the Forbes list of billionaires as the sixth richest person in the world. Ellison is the third richest American, with an estimated net worth of US $28 billion. On July 27, 2010, The Wall Street Journal reported that Ellison was the best-paid executive in the last decade, collecting a total compensation of US $1.84 billion.[25] As of September 2011, Ellison was listed on the Forbes List of Billionaires as the fifth richest man in the world. Ellison is still the third richest American, with a net worth of about $36.5 billion. Personal life Ellison has been married and divorced four times.[26][27] • Adda Quinn from 1967 to 1974. • Nancy Wheeler Jenkins from 1977 to 1978. They married six months before Ellison founded Software Development Laboratories. In 1978, the couple divorced. Wheeler gave up any claim on her husbands company for $500.[28] • Barbara Boothe from 1983 to 1986. Barbara was a former receptionist at Relational Software Inc (RSI).[28] They had two children, David and Megan. Both Megan and David were executive producers of the 2010 Coen Brothers film True Grit. • Melanie Craft, a romance novelist, from 2003 to 2010. They married on 18 December 2003, at his Woodside estate. Ellisons late friend Steve Jobs, former CEO and co-founder of Apple, Inc, was the official wedding photographer,[29] and Representative Tom Lantos officiated. They divorced in 2010.[30] Yachting
Posted on: Mon, 03 Mar 2014 22:39:12 +0000
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