Feeds

Google backslaps Schmidt with $100m award

Take the money and hum

SANS - Survey on application security programs

Google’s outgoing CEO Eric Schmidt, who will be succeeded by the company’s co-founder Larry Page in April, will reportedly pocket a $100m equity award.

According to Bloomberg, which cites a person familiar with the matter, Schmidt’s payout is the first such equity award he will have received since joining Google as board chairman 10 years ago.

Stock units and options on shares that will vest over four years are included in the award, said the news agency.

A regulatory filing posted by Google late last week said that Schmidt plans to sell about 5.8 per cent of his stock – which is valued at around $326.7m – in the Mountain View Chocolate Factory.

Schmidt owned about 9.2 million shares in Google at the end of 2010. He now plans to sell around 534,000 shares, said the filing.

In related Schmidt news, the soon-to-be ex-boss of Google will be hanging out with some members of UK.gov later today.

“Looking forward 2 mtg Eric Scmidt [sic] later, wonder if like Mark Zuckerberg a Downing St visit means he'll break habit of lifetime & wear a tie,” asked Culture Secretary Jeremy Hunt on his Twitter account.

But hey, those Silicon Valley types aren’t real suited-and-booted businessmen, are they? ®

SANS - Survey on application security programs

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.