Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Google execs get $8.9 million in bonuses

By Octavio Blanco, online producer

NEW YORK (CNNMoney) -- Google must really appreciate the work its top executives are doing because it's giving them some pretty fat bonuses this year.

In a filing with the Securities and Exchange Commission, the search leader disclosed that Patrick Pichette, chief financial officer and Nikesh Arora, chief business officer, will each receive $2.7 million bonuses. Pichette will also get $15 million in equity while Arora banks $20 million.

Also getting big dollar bonuses: Alan Eustace senior vice president, engineering and research -- $1.8 million -- and Jonathan Rosenberg SVP, product management -- $1.7 million. Eustace will also get $10 million in equity and Rosenberg $5 million.

The bonuses and equity were awarded by Google's board of directors on March 7.

Company cofounders, Sergey Brin and Larry Paige as well as outgoing CEO Eric Schmidt currently aren't getting bonus money, according to the filing.

In January of this year, after receiving just $1 a year in salary since 2004, Schmidt got a $100 million 'thank you and farewell' present.

Schmidt's initial salary was $250,000 a year, but in 2004 he requested that it be cut to $1, where it has remained ever since.

Schmidt will stay on as executive chairman after he leaves his CEO role on April 4.

Google's fat paychecks and sweet perks have regularly put the company at the top of Fortune's "Best Places to Work" list, coming in at No. 4 this year.  To top of page

Index Last Change % Change
Dow 17,813.39 1.20 0.01%
Nasdaq 5,116.14 13.34 0.26%
S&P 500 2,088.87 0.00 0.00%
Treasuries 2.23 -0.01 -0.49%
Data as of 6:11am ET
Company Price Change % Change
Pfizer Inc 32.87 0.90 2.82%
HP Inc 12.64 -2.00 -13.66%
General Electric Co 30.36 -0.30 -0.98%
Bank of America Corp... 17.44 -0.03 -0.17%
Freeport-McMoRan Inc... 8.10 -0.20 -2.41%
Data as of Nov 25


Looks like the Magic Kingdom is lacking some sparkle. Disney's cable channels have lost millions of subscribers in recent years. More

Brazilian police arrested a prominent senator and billionaire CEO for interfering in the investigation of Petrobras, which has pushed Brazil into recession. More

Watsi crowdfunds donations to cover healthcare costs of those in need. And it's seeing a surprising trend: micro-donations via the popular Chinese social networking app, WeChat. More

Some of the coolest toys this year are from small businesses. Here are 10 hot toys that just might be a smash hit this holiday season. More

Facebook just increased the amount of paid time off new dads working at its international offices can take. More