Look Who Got a $18+ million raise this year (even though company stock tanked)

File this under "Nice work if you can get it".  Reuters reports that tech company Oracle Corp increased billionaire CEO Larry Ellison's compensation for last year by 24 percent.

Ellison, one of the most highly paid chief executive officers in the United States, and the world's sixth-richest man, according to Forbes, received total compensation for the year ended May 31 of $96.2 million, almost all of it in stock options. That compared with 77.6 million in the prior year.

His compensation rose during a period in which the company's shares fell 23 percent, underperforming the Nasdaq Composite Index, which was little changed during the same period.

Read more at http://www.reuters.com/article/2012/09/22/us-oracle-compensation-idUSBRE88L00R20120922