Oracle is trying to ward off a shareholder rebellion against policies that have consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world.
More than a thousand people have filed into the office of Richmond attorney Nicholas Haney, looking for compensation from Chevron.
Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package. It hinges on whether the former candidate for California governor can lift the stumbling technology company’s stock price during the next two years.
The Washington Times reports that bankrupt Fremont-based solar panel maker Solyndra hopes to give its executives thousands of dollars in bonuses.
Congressman Pete Stark said the Warn Adjustment and Retraining Notification Act requires advance notification following a large layoff or shutdown, which happened earlier this week with Solyndra.
Mark Hurd may get his $100 million payday after all. On Friday, Oracle disclosed that Hurd’s compensation for the year came in slightly higher than even CEO Larry Ellison’s.
The suit is seeking $3 million from the owners and operators of the Tower Car Wash for unfair business practices.
Intel Corp. CEO Paul Otellini received a 2010 pay package worth $15.5 million, up 8 percent from 2009.
Oakland Mayor Jean Quan said Wednesday that she is taking a 25 percent pay cut because she wants to lead the way as the city works through a difficult budget situation.
Caltrain’s chief executive is the highest-paid transit boss in California, while the rail line said it is struggling to stay financially afloat.