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Oracle shareholders oppose executive pay at annual meeting

Thursday, 31 Oct 2013 | 1:30 PM ET

SAN FRANCISCO, Oct 31 (Reuters) - A majority of shareholders opposed Oracle Corp's executive compensation, including Chief Executive Larry Ellison's pay in a non-binding vote on Thursday.

The vote followed complaints that Ellison is paid too much as his company struggles to stave off smaller rivals.

A majority of shareholders voted for the company's board members.

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