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back to article Shareholders pen outraged letter about Ellison's bulging package

Oracle and its founder Larry Ellison are facing fresh calls from shareholders to change the company's high compensation structure for executives, and stop ignoring requests to communicate with directors. Dutch and UK shareholder groups PGGM and Railways Pension Trustee Company Limited have more than 2.8 million members and $ …

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  1. Anonymous Coward
    Anonymous Coward

    Can it be clarified?

    "Dutch and UK shareholder groups PGGM and Railways Pension Trustee Company Limited have more than 2.8 million members and $238bn (£159bn) in assets under management."

    All well and good and sounds impressive, but how much of Oracle do they actually own? If it 0.01%, for example, does it really count?

    5 0 Reply
    1. Gordon 10
      Reply Icon
      FAIL

      Re: Can it be clarified?

      According to Reuters - sweet fa

      http://uk.reuters.com/article/2015/01/26/uk-oracle-shareholders-idUKKBN0KZ07K20150126

      "PGGM owns 0.08 percent of Oracle's shares, according to Thomson Reuters data. It was not immediately clear how many shares Railpen holds."

      On that basis they should take their money and walk if they don't like what Larry is doing.

      Their FAIL - they cant claim they didn't enter in a shareholding in Oracle with their eyes wide open. Even if their motives are benign they are effectively no better than Icann. If you want to effect change at a company pony up the funds to increase your shareholding or get together with a syndicate of similarly interested parties. Otherwise STFU.

      9 0 Reply
  2. CJatCTi
    Facepalm

    Easy Answer

    If they don't like what is happening then they should just sell their shares.

    My guess is they are just busy crying all the way to the bank.

    7 0 Reply
  3. Anthony 13

    Don't get the hate here...

    ... the only interest group that has any real power to influence executive salaries are shareholders. And usually the only key group of shareholders that, together, can garner much voting power, are the fund managers (holding *our* cash). Individually, the fund providers will only ever have a tiny bit of ownership of these massive entities, but it is in our interests for them to try to work together and get cash out of the executive and put it back in the shareholders hands (i.e. ultimately us).

    Like it or not, the only way to change executive pay / poor decision making is to get more pro-active "shareholder activist" fund managers...

    0 0 Reply
  4. Anonymous Coward
    Anonymous Coward

    The 1% don't give a shit

    Now fuck off back to your cubes you grunts and make them some more cash.

    0 0 Reply

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