Tech content trusted by users in North America and around the world
6,795 Reviews & Articles | 46,939 News Posts
Make us an awesome TweakTown wallpaper, win a Corsair Hydro H110i GT

Google's Eric Schmidt gets major payday in the form of a $6 million bonus

Google doles out $12+ million in executive bonuses, founders take no bonus
| Business, Financial & Legal News | Posted: Mar 13, 2013 1:48 pm

In a regulatory filing made on Tuesday, Google has disclosed what bonuses some of its high ups received for the 2012 fiscal year. At the top of the list is Executive Chairman Eric Schmidt who received a reported $6 million cash bonus.




Other notability large bonuses include CFO Patric Pichette who earned a $2.8 million bonus, and CLO David Drummond who took home a cool $3.3 million in extra cash. Rounding things out is Google's CBO, Nikesh Arora, who received a $2.8 million bonus. Google says that all the bonuses are given in recognition for contributions to the company's performance last year.


Google co-founder and current CEO, Sergey Brin took no bonus this year, following in the footsteps of Larry Page, the other co-founder of the search giant. Schmidt's massive bonus came on the heels of reports that he will be selling off roughly $2.5 billion of his stake in Google.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases