Palo Alto, Sept 09: Oracle Corporation chairman and chief executive Larry Ellison this fiscal year could get a salary of $900,000 and a bonus, his first since fiscal 2000, Oracle said in a proxy statement. The pay package must be approved by shareholders at the company's annual meeting, to be held at its Silicon Valley headquarters on October 13.
In July, Ellison received options to buy 900,000 shares, his first options grant since fiscal 2000, when the company gave him options to purchase 40 million shares on a split-adjusted basis.

Both Ellison and his company came under fire for the unusually large size of that grant. Ellison, an Oracle co-founder, is the No. 2 software company's largest stock holder, controlling more than 26 per cent of outstanding shares. He received no salary or bonus for fiscal 2001, 2002 or 2003. Bureau Report