No bonus for Google founders
Pity the poor billionaires...
Posted in Financial News, 24th March 2005 10:03 GMT
Hitachi IT Operations Analyzer: 30-day free trial.
Billionaire Google execs Larry Page and Sergey Brin are not getting bonuses from the search engine they founded together. Also off the bonus list is chief executive, and fellow billionaire, Eric Schmidt.
But the three did get a holiday bonus of $1,566 (£837) along with their salaries.
Google's initial public offering earned Brin and Page $7.2bn each. Schmidt is worth $2.8bn, according to Forbes magazine's Rich list.
Brin and Page are paid $150,000 a year and Schmidt gets $250,000, according to a filing with the Securities and Exchange and Commission.
Four execs did get bonuses of between $600,000 and $700,000, according to the filing.®
Related stories
AFP sues Google
Google's X Files disappear
Google to Wall St: our CFO couldn't make it. So meet the Chef

Analyst Keynote: The Register Agile Data Center Summit
10 Steps to a Successful CRM Implementation
10 Strategies for Choosing a Midmarket ERP Solution
Enabling The Agile Data Center

Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter