Feeds

Google funds $500k evil-blocking forcefield for CEO

Family hopes it's out of beta

Protecting users from Firesheep and other Sidejacking attacks with SSL

Even billionaire colored ball advocates heading companies that do no evil have their problems. Google last year coughed up $530,000 just to keep CEO Eric Schmidt safe.

Google disclosed Schmidt's gold-laced security protection plan in a regulatory filing issued Wednesday. In addition, the ad broker noted $22,000 of payments made on Schmidt's behalf to cover family and friends using Google's infamous “party plane.” Schmidt, however, did save Google's investors same cash on the salary front, pulling in just $1.

Is $530,000 out of line for a security detail? Well, not really, according to security specialist Tim Gould at TG Protective Services. (A much better name than Bullet Catchers, who flaunt the motto “After all, idiots gamble on odds. You gamble on stakes.“)

“That amount sounds pretty accurate for executives that have full-time security services,” Gould told us, adding that $1m for a similar set-up would not be uncommon.

Schmidt's package likely includes security protection for corporate functions as well as security at his home and for his family.

Brash go-getters like Oracle Chief Larry Ellison might spend even more on their security services due to complications protecting Ellison while he's sailing or threatening other executives' dogs. In addition, CEOs who have just collected fat bonuses while laying off staff face disgruntled worker syndrome.

"The average working person can't relate to the payouts these guys get, so, when they're cut, they take it personally," Gould said.

Schmidt, of course, bounces along as a happy nerd, offending few. Sure, Bill Gates has enough chedda to hire a mercenary army, but that would seem brash even for a Microsoft executive. (Perhaps Schmidt has a full-time chair protectionist.)

And Google doesn't produce disgruntled workers. The cultists are too well-fed, massaged and rich to feel ill will toward Schmidt. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.