Growth Options and CEO Compensation July 6, 2016 Robert Harrington It is that time of year when CEO compensation is revealed and debated. The Los Angeles Times just published its list of the 100 highest paid executives in California for 2015. At the top of this list were co-CEOs Mark Hurd and Safra Catz of Oracle, each of whom received total compensation of $53.25 million. A lot of money to be sure, but as most compensation analysts note, unreasonable given the impact their decisions can have on Oracle shareholders. But if shareholder benefits are to be the basis for evaluating CEO compensation, how are shareholder benefits to be measured?