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See How Much Oracle’s Top Executives Made In 2022

Wade Tyler Millward

Larry Ellison’s total compensation grew by about 12 times the amount seen the year prior.

A successful 2022 fiscal year for Oracle included huge growth in the pay packages of some of its top executives, according to documents filed with the U.S. Securities and Exchange Commission.

Oracle co-founder and Chief Technology Officer Larry Ellison’s total compensation grew by about 12 times the amount seen the year prior, according to the documents. CEO Safra Catz’s total compensation grew about 13 times.

Oracle’s 2022 fiscal year ended May 31, 2022.

[RELATED: Oracle Cloud, Licensing Demand Leads To Strongest Organic Growth In Over 10 Years]

The median global employee at Oracle made $75,043 in fiscal year 2022, according to the documents. Catz’s total compensation is 1,842 times that amount.

“This total compensation amount was atypically high due to the modification of the PSOs [performance stock options] in fiscal 2022 to extend the PSO performance period by three fiscal years,” according to Oracle.

Catz’s annualized compensation value without performance stock options brings the compensation down to 334 times the pay for the median global Oracle employee.

For all of fiscal year 2022, Oracle reported revenue of $42.44 billion, up 5 percent over last year’s $40.48 billion. Cloud services and license support revenue rose 5 percent to $30.17 billion, cloud license and on-premises license revenue grew 9 percent to $5.88 billion, hardware revenue fell 5 percent to $3.18 billion, and services revenue increased 6 percent to $3.21 billion.

The first quarter of Oracle’s 2023 fiscal year also showed healthy growth, with $11.4 billion in total revenue for the quarter, up 18 percent year over year. Recent acquisition Cerner contributed $1.4 billion to total revenue.

Here’s a look at the fiscal 2022 compensation packages for Oracle’s top executives.

 
Wade Tyler Millward

Wade Tyler Millward is an associate editor covering cloud computing and the channel partner programs of Microsoft, IBM, Red Hat, Oracle, Salesforce, Citrix and other cloud vendors. He can be reached at wmillward@thechannelcompany.com.

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