According to the Google's proxy statement, filed last week with U.S. Securities and Exchange Commission, Larry Page, who is president of products, took in $1 in salary, $1,723 in bonus money, and $36,795 in compensation related to transportation and personal security expenses. Sergey Brin, president of technology, received $1,724 in total compensation. In opposite to Google's founders, CEO Eric Schmidt total 2006 compensation amounted to $557,466 - 95% of which related to personal security expenses.
It's the third year in a row they opted for nominal cash compensation; their primary income is from returns on their ownership stakes in Google, which has made each a multibillionaire.
It's the third year in a row they opted for nominal cash compensation; their primary income is from returns on their ownership stakes in Google, which has made each a multibillionaire.