Google rewards top executives
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