No share of $15mn bonuses for Google co-founders Larry Page, Sergey Brin
Sydney: Internet search giant Google is paying nearly 15 million dollars in bonuses to four of the firm’s top executives for their performances last year.
Documents filed today disclosed executive chairman Eric Schmidt will get the biggest award at 6 million dollars to supplement his estimated fortune of 8 billion dollars.
According to News.com.au, neither co-founder Larry Page nor Sergey Brin will get a bonus for their work.
It''s a sacrifice that the duo can afford to make, given that Page and Brin are each worth 23 billion dollars, the report said.
Google is also paying a 3.3 million dollars bonus to its top lawyer, David Drummond.
Patrick Pichette, Google''s chief financial officer, and Nikesh Arora, the company''s chief business officer, are each getting bonuses of 2.8 million dollars.