Out of the total compensation in 2009, Ellison received more than $78 million in stock and options.
Most of Ellison’s pay came in the form of stock option awards, which he has made use of recently. In 2008, Ellison exercised a stunning 36 million options, banking $543 million.
The total compensation includes actual salary received, discretionary and performance-based bonus payouts, the grant-date fair value of new stock and option award.
The maker of outragiously priced printer link HP’s Mark Hurd was ranked fourth. He only made $24.2 million last year. At the tenth spot is IBM’s Samuel Palmisano, who made $21.2 million. Poor Steve Ballmer who has his children’s college education to worry about apparently failed to make the top ten.