Wonga.com

fast little loans

wonga.com
Loading

Google to pay bonuses to top execs

March 13 2013 at 10:52am

Comment on this story

iol scitech sept 19 Eric Schmidt

AP

Google's executive chairman Eric Schmidt told BBC Radio 4's World at One programme the company had not acted illegally and had contributed significantly to Britain's economic growth.

Related Stories

San Francisco - Google is paying nearly $15-million in bonuses to four of the Internet company's top executives for their performances last year.

Documents filed on Tuesday disclosed Executive Chairman Eric Schmidt will get the biggest award at $6-million to supplement his estimated fortune of $8 billion. Schmidt served as Google's CEO for a decade until he turned over the job to company co-founder Larry Page nearly two years ago.

Neither Page nor fellow co-founder Sergey Brin will get a bonus. That's been their custom since Google went public in 2004. The two men are each worth about $23-billion.

Google is paying a $3.3-million bonus to its top lawyer, David Drummond. Two other key executives, Patrick Pichette and Nikesh Arora, are each getting bonuses of $2.8-million. - Sapa-AP


sign up
 
 

Comment Guidelines


  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

 IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks
Mobile

Find out more about m.iol.co.za and personalise your phone with the latest downloads.

Mobile Image
IOL Travel

Make sure you find the best available airfares with our easy-to-use search engine.

Travel_pic_enw