Saturday, February 3, 2007

Google Execs earning salaries of $1 in 2005???

What do you think? A typo? I wonder if they read through this stuff before they publish ...

"Co-founders and Presidents Sergey Brin and Larry Page and Chief Executive Eric Schmidt received salaries of $1 each in 2005 and were not included in a separate 2006 plan for executive bonuses of up to $3 million each filed with federal regulators in October."

2 comments:

marissa said...

you read that right. its not uncommon for top execs to earn $1 in salary, (as a statement) but they're worth literally billions in stock.

Elena said...

Haha okay that's what I thought at first but I had to ask ...