Last year, Chief Executive Eric Schmidt earned a salary of $81,432, a third of his 2003 salary, and a, according to the company's proxy filed on Friday.
Co-founders and presidents Larry Page and Sergey Brin each took a similar cut in pay. They each received a 2004 salary of $43,750 plus a similar bonus of $1,556.
In the second quarter of 2004, Schmidt, Page and Brin requested that their salaries each be slashed to $1 per year. They will continue to be paid $1 in 2005, as per their request, despite a recommendation by the board to boost their pay.
But Schmidt, Brin and Page each have sold Class B shares potentially worth
Each share of Google's Class B common stock, which is neither listed nor publicly traded, is entitled to 10 votes per share, compared with one vote for each share of Class A common stock available to public shareholders.