One-time stock awards for CEOs in fiscal year 2018 are up, compared to the previous two years.
According to data from analytics firm MyLogIQ, in 2018, the largest one-time stock awards in the S&P 500 went to Oracle’s co-CEOs Safra Catz and Mark Hurd, each of whom received special awards of nearly $104 million — almost seven times the next-largest special award of $15.5 million.
Compensation experts aren’t sure these blockbuster special awards are part of a trend with a lot of legs, though. Judging by the voter support levels, many shareholders were irked by the amounts for the one-time stock awards. Several of the companies that awarded large amounts received low shareholder support for say-on pay.
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