Feeds

Ballmer jabs at Larry Ellison's wallet

Break out the measuring tape

Beginner's guide to SSL certificates

Steve Ballmer must be feeling a little sniffy over the colossal sums Oracle shelled out to its CEO Larry Ellison this year.

Ballmer mounted his high horse for The Times to weigh in on the sore subject of executive compensation.

"I find it interesting and probably not that considered a decision to do what [Oracle has] done," said Ballmer.

Ellison's fiscal 2007 pay package was valued at $61.2m and received stock option gains of nearly $182m. The company also paid Ellison a $1m salary and $8.4m in incentives. Ellison owns nearly a 25 per cent stake in the company, worth about $25bn.

Meanwhile, Ballmer got a pay package worth a paltry $1.3m. The poor little rich boy received a salary of only $620,000 and a $650,000 bonus. He's practically a monk. What could motivate a man to wake up each morning knowing he could afford only a medium-sized fleet of solid gold luxury jets? His 4.3 per cent of Microsoft shares.

"I'm sort of like a parent to this little child and I'm a large stakeholder in Microsoft," Ballmer told The Times. "And I certainly feel like if I do a good job I'll be well rewarded in the appreciations of our shares."

At least Microsoft's compensation committee agrees with him. According to the fiscal 2007 SEC filing, it "believes that Mr. Ballmer is underpaid for his role and performance".

Regardless of his motivation, we do love seeing good fat cat fight. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.