Business
ORACLE FILING SHOWS HUGE GAP BETWEEN CO-CEO PAY AND MEDIAN WORKER EARNINGS
AUSTIN — Oracle’s latest corporate filing has revealed a significant difference between the compensation received by one of its co-chief executives a...
By Wavers Multimedia
The filing showed that co-CEO Clayton Magouyrk received total compensation of about $627.5 million for Oracle’s fiscal 2026, while the company’s median employee received $94,740 in total compensation.
The resulting CEO-to-worker compensation ratio was 6,623 to 1, meaning Magouyrk’s reported compensation was equivalent to 6,623 times the compensation of Oracle’s median employee.
STOCK AWARD DRIVES EXECUTIVE COMPENSATION
A major portion of Magouyrk’s reported compensation came from a stock-option award valued at approximately $621.7 million.
The package was part of a broader leadership transition at Oracle, which appointed Magouyrk and Mike Sicilia as co-CEOs after Safra Catz stepped down from the chief executive position in September 2025.
The compensation figures therefore include substantial equity awards rather than representing the same amount as ordinary cash salary.
SHARP CHANGE FROM THE PREVIOUS YEAR
Oracle’s reported CEO-to-median-worker pay ratio was dramatically different in fiscal 2025.
During that year, former CEO Safra Catz received total compensation of about $1.1 million, compared with median employee compensation of $98,899.
That produced a CEO-to-median-worker ratio of 11 to 1, compared with the 6,623-to-1 ratio disclosed for fiscal 2026.
ORACLE LEADERSHIP TRANSITION
The latest compensation figures come as Oracle continues operating under its new co-CEO structure.
Magouyrk and Sicilia succeeded Catz after she left the CEO position in 2025 and became executive vice chair of Oracle’s board.
The two co-CEOs received stock-option awards as part of the leadership transition. The options were structured with an exercise price of $308.46 per share, according to the filing information reported by Forbes.
ELLISON’S PLEDGED ORACLE SHARES
The filing also disclosed information involving Oracle co-founder and executive chairman Larry Ellison.
Ellison pledged an additional 67 million Oracle shares as collateral for personal loans, bringing the total number of pledged shares to 413 million, compared with 346 million the previous year.
Based on Oracle’s share price at the time cited in the report, the pledged shares were valued at approximately $56.6 billion.
The filing further showed that entities linked to Ellison purchased approximately $32.3 million worth of Oracle products and services during fiscal 2026, including nearly $22 million from the Ellison Institute of Technology. Oracle also paid Ellison’s F50 League sailing operation about $7.5 million under a sponsorship arrangement.
COMPENSATION FIGURES REFLECT A YEAR OF MAJOR CHANGE
The latest filing provides a snapshot of Oracle’s executive compensation during a period of major leadership and business changes.
While the reported CEO-to-worker ratio rose sharply from the previous fiscal year, much of the difference was connected to the large stock-option award granted to Magouyrk.
Oracle’s disclosure therefore highlights how equity-based compensation can significantly affect executive pay figures from one financial year to another.