Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle hires new CFO with $950K salary as thousands face layoffs(foxbusiness.com)

19 points by DGAP 40 days ago | 8 comments

aurareturn 40 days ago |

  Maxson, 48, will receive an annual base salary of $950,000 and will be eligible for a performance-based bonus with a target of $2.5 million, Oracle said in a regulatory filing.

This is very cheap for a top 20 marketcap CFO.

4d4m 40 days ago | |

Could not agree more that is some insane price to value for oracle??

tripplyons 40 days ago |

I'm honestly surprised the CFO of Oracle doesn't make more than $950K

SilverElfin 40 days ago | |

I agree this isn’t surprising or newsworthy. Executives at large companies make a lot of money. But also, that 950K is just their salary - they may also have bonuses and stock.

SunshineTheCat 40 days ago | | |

What's always kinda funny to me are people who freak out about a salary like this and then shrug their shoulders at an average NBA player making in the ballpark of $10 mil.

0cf8612b2e1e 40 days ago | | |

Just for the cache, could have rounded it up to a cool mil.

raverbashing 40 days ago | |

This number is probably not counting equity (not sure a CFO would have a variable compensation as well)