Google rewards top executives

Nikesh Arora received a $2.7 million bonus and $20 million in equity
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 , 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 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.


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Citation: Google rewards top executives (2011, March 12) retrieved 22 July 2019 from https://phys.org/news/2011-03-google-rewards.html
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