Tuesday, November 05, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Another year, another $1 for google co-founders

Another year, another $1 for google co-founders

San Francisco: Google paid co-founders Larry Page and Sergey Brin their customary $1 salaries last year while Executive Chairman Eric Schmidt's compensation more than doubled to $19.3 million.Most of Schmidt's raise stemmed from stock grants

India TV News Desk Updated on: March 30, 2014 22:06 IST


As Google's executive chairman, Schmidt primarily deals with regulatory issues, government relationships and company acquisitions. The Mountain View, Calif., company thought Schmidt did such a good job last year that he received his maximum cash bonus of $6 million to supplement his $1.25 million salary.

None of the other Google executives listed in the proxy statement qualified for their maximum bonuses last year.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement