Apr 11
20
It’s good to be Google’s Executive Chairman. When Eric Schmidt handed over the reigns to Larry Page on April 4 as Google CEO, Schmidt’s token $1 yearly salary ballooned to a $1.25 million base salary per year, with the ability to earn a bonus of 400 percent of his base salary — up to a maximum bonus of $6 million, according to this SEC filing
Read the original post:
Google’s Eric Schmidt Gets $1.25 Million Raise