Who are tech’s highest paid CEOs?

Oracle’s Larry Ellison finally ousted from the top spot on our list of highest paid tech execs

By , Network World |  IT Management, Larry Ellison, Léo Apotheker

Larry Ellison, Oracle CEO

Ellison has been the highest paid tech chief on our list each year since Network World started tracking CEO compensation, but this year his $77.6 million pay package was bested by another tech CEO's enormous windfall (see the next slide for details). Not only that, Ellison was paid less than one of his own henchmen: Oracle President Mark Hurd, whose 2011 pay package is valued at $78.4 million. Nonetheless, Ellison collected a $1 salary, $13.3 million bonus, option awards valued at $62.7 million, and perks worth $1.5 million in 2011. His total pay package grew by 11% compared to fiscal 2010, when he received $70.1 million. During the same time period, the company grew revenue by 33% (from $26.8 billion in 2010 to $35.6 billion in 2011) and net income by 39% (from $6.1 billion in 2010 to $8.6 billion in 2011).

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