22 Apr '12, 8am

Google ex-CEO s salary rises to $1.25 mln from $1 - Today's Technology News - San Francisco Luxury News: USA TOD...

San Francisco: Google Inc’s (GOOG.O) former chief executive Eric Schmidt received a bump in his annual salary to $ 1.25 million from the $ 1 he received in the previous year, after he became the executive chairman of the company in April 2011. Schmidt’s total compensation last year swelled to $ 101 million thanks to a previously announced equity award granted when he ended a 10-year stint in the top job at Google, according to a filing with the U.S. Securities and Exchange Commission on Friday. Schmidt ranked as the most highly compensated Google executive in 2011 by a longshot, earning more than four times the compensation of Google’s next highest-paid executive. Google co-founder Larry Page, who took the CEO reins from Schmidt, and co-founder Sergey Brin each received a $ 1 base salary in 2011, the same salary they have received every year since 2004. Including holiday b...

Full article: http://sfluxe.com/2012/04/22/google-ex-ceo-s-salary-rises...

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