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.

Over the past year, Google's stock has outperformed the Nasdaq. Yahoo Finance

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.

As with previous years, Google's co-founders Larry Page and Sergey Brin, as well as its CEO Eric Schmidt, did not collect a bonus.

 

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