For Google's executive management team, the US$6.3 million in bonuses they
received for last year's performance can buy a lot of Android phones.
Google, in a filing Tuesday with the Securities and Exchange Commission,
noted its new chief financial officer, Patrick Pichette, received a US$1.24
million bonus for his five months of work on the new job. For Pichette, he did not have to wait a full 12 months to
become a Google millionaire.
Outgoing CFO George Reyes, meanwhile, received a bonus of US$675,000. Over the
past year, Google's stock has outperformed the Nasdaq.
Google's Jonathan Rosenberg, senior vice president of product management,
received the largest bonus, with US$1.64 million coming his way.
Rosenberg was one Google executive who was active on its
fourth-quarter earnings call, in which the company exceeded Wall Street's
estimates despite facing the headwinds of a dire economy.
Alan Eustace, senior vice president of engineering and research and
development, and Omid Kordestani, senior vice president of global sales and
business development, meanwhile, each received a US$1.38 million bonus.
As with previous years, Google's co-founders Larry Page and Sergey Brin, as
well as its CEO Eric Schmidt, did not collect a bonus.
This article was first published as a blog post on CNET News.