Google pays CEO a buck, four other execs get $124M

Apr 25, 2013

Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other top executives received combined compensation packages totaling more than $124 million.

The breakdown disclosed in a regulatory filing Wednesday consists mostly of stock awards that could ultimately be worth more or less money, depending on how Google's stock price fares in the future.

Nikesh Arora, the head of Google's business operations, led the pack with a compensation package value at $46.7 million.

. co-founders Page and Brin have capped their salaries to $1 since the company went public in 2004. They each own stock currently worth about $20 billion.

The AP's calculation counts salary, bonuses, perks and stock and options awarded to each executive.

Explore further: Apple's freshly sliced shares climb

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Google rewards top executives

Mar 12, 2011

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.

Former Google CEO made $313,219 in 2010

Apr 20, 2011

(AP) -- Billionaire Eric Schmidt feels more comfortable taking a million dollar paycheck as Google Inc.'s former CEO than he did when he was running the Internet's most powerful company.

Google awards $100 million to Eric Schmidt

Jan 24, 2011

(AP) -- Google Inc. says it has awarded $100 million worth of equity to Eric Schmidt, who is stepping aside as CEO but will stay with the company as executive chairman.

Recommended for you

Apple's freshly sliced shares climb

2 hours ago

Freshly split Apple shares closed at a high on Tuesday, with investors evidently betting the California company will debut popular new gadgets, perhaps a smart watch and an iPhone 6.

Google buys travel guide app startup Jetpac

Aug 18, 2014

Google confirmed Monday it has bought the startup behind a Jetpac mobile application that creates insightful travel guides by analyzing pictures from social networks such as Instagram.

User comments : 0