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Google Dishes Out Big Bonuses: Eric Schmidt Gets $6M While Co-Founders Get Nothing
BBC News reports Google has distributed almost $15 million worth of bonuses to their top executives.
The largest bonus goes to Executive Chairman and former CEO, Eric Schmidt. Eric is getting a $6 million bonus. The Google co-founders, CEO Larry Page and Sergey Brin get nothing — no bonus. But, the co-founders have the bulk of the equity in the company.
Following Schmidt comes Google’s top lawyer, David Drummond, who is getting $3 million. Patrick Pichette, Google’s senior vice president and chief financial officer, is getting $2.8 million, and Nikesh Arora, senior vice president and chief business officer, is also getting $2.8 million.
You can see the SEC filing of these bonus payouts over here.