Feeds

Ballmer jabs at Larry Ellison's wallet

Break out the measuring tape

Top 5 reasons to deploy VMware with Tegile

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, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

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.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.