Google doles out $6.3 million in exec bonuses
Filing shows company issued $6.3 million in bonuses to its executive team for 2008, with its new CFO landing a $1.24 million bonus after five months on the job.
For Google's executive management team, the $6.3 million in bonuses they received for last year's performance can buy a lot of Android phones.
Google, in a filing Tuesday with the Securities and Exchange Commission, noted its new chief financial officer, Patrick Pichette, received a $1.24 million bonus for his five months of work on the new job. For Pichette, he did not have to wait a full 12 months to become a Google millionaire.
Outgoing CFO George Reyes, meanwhile, received a bonus of $675,000. Over the past year, Google's stock has outperformed the Nasdaq.
Google's Jonathan Rosenberg, senior vice president of product management, received the largest bonus, with $1.64 million coming his way.
Rosenberg was one Google executive who was active on its fourth-quarter earnings call, in which the company exceeded Wall Street's estimates despite facing the headwinds of a dire economy.
Alan Eustace, senior vice president of engineering and research and development, and Omid Kordestani, senior vice president of global sales and business development, meanwhile, each received a $1.38 million bonus.
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