Google rewards top executives
Nikesh Arora, Vice President of European Operations at Google, speaks at the opening of the GooglePlex, their new London office, in London 2005. Google has awarded nearly $9 million in bonuses and another $50 million in equity to four top executives of the Internet giant, according to a filing with the US Securities and Exchange Commission.
Google has awarded nearly $9 million in bonuses and another $50 million in equity to four top executives of the Internet giant, according to a filing with the US Securities and Exchange Commission.
Patrick Pichette, Google's chief financial officer, received a $2.7 million bonus and $15 million in equity while chief business officer Nikesh Arora received a $2.7 million bonus and $20 million in equity.
Google's senior vice president for engineering and research Alan Eustace was awarded a $1.8 million bonus and another $10 million in equity, according to the SEC filing.
Senior vice president for product management Jonathan Rosenberg received a $1.7 million bonus and $5 million in equity.
Google's outgoing chief executive Eric Schmidt and co-founders Larry Page and Sergey Brin did not receive any additional compensation.
Page is to replace Schmidt as Google's CEO in April.
Google announced plans in January to give Schmidt $100 million in stock and stock options.
(c) 2011 AFP
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