SAN FRANCISCO (AP) ? Shifting from Google's CEO to executive chairman proved to be lucrative career move for Eric Schmidt.
Google Inc. awarded Schmidt a compensation package valued at $101 million last year. The amount disclosed in a regulatory filing is 322 times higher than the $313,219 package that Schmidt received in 2010 during his final full year as the Internet search leader's CEO.
Schmidt ended a decade-long stint as Google's CEO last April and turned over the job to Google co-founder Larry Page.
Shortly before the change in command, Google gave Schmidt stock and stock options awards valued at nearly $94 million. The rest of Schmidt's compensation consisted of a $937,500 salary, $6 million bonus and perks worth nearly $264,000.
Page received a $1 salary as CEO.
Both Page and Schmidt are multibillionaires.
Associated Pressorange bowl tim howard goal ben gibbard nfl playoff schedule tim howard scores nick cannon kidney failure consumer financial protection bureau
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.