Google awards $59 Million in bonuses, equity to 4 executives

Monday, 14 March 2011, 15:00 IST
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Boston: Google's Indian-origin Chief Business Officer Nikesh Arora is among the internet search giant's four top executives who have been awarded a total of nearly $9 million in bonuses and $50 million in equity this year. In a filing with US market regulator Securities and Exchange Commission, Google said its Senior Vice President and Chief Financial Officer Patrick Pichette received a $2.7 million bonus for performance in fiscal year 2010. Arora also received a $2.7 million bonus under the executive bonus plan. Google's Senior Vice President for Engineering and Research Alan Eustace was awarded a $1.8 million bonus while Senior Vice President for Product Management Jonathan Rosenberg received a $1.7 million bonus. The California-based technology giant also awarded equity to its four executives for calendar year 2011 in addition to their bonuses.
Source: IANS
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