Four Google Executives Getting 30% Raises For 2011
Google Inc. (NASDAQ:GOOG) announced in a filing with the U.S. SEC that seven senior executives are getting a 30% raise for 2011. These seven execs are Patrick Pichette, Nikesh Arora, Jonathan Rosenberg, and Alan Eustace. Now alll of their base salaries are $650,000.
These executives are also getting restricted-stock awards. Pichette and Arora received $20 million, Eustace received $10 million, and Roseberg received $5 million in grants.
Sergey Brin, Larry Page, and Eric Schmidt will continue to accept a salary of $1. between these three, they own more than half of Google’s outstanding stock.
[CNET]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry