The Channel logo


By | Brid-Aine Parnell 13th March 2013 11:39

Eric Schmidt trousers his monstrous package at Google

Extra big reinforced pants needed to contain massive wads

Top Googler Eric Schmidt is getting a tasty $6m bonus for his performance at the Chocolate Factory this year, part of a package of $15m getting spread around among the C-suite Oompa Loompas.

Neither of the firm's co-founders, chief exec Larry Page and Sergey Brin, are getting a 2012 bonus: but Google's top lawyer, the head numbers guy and the chief business officer are all getting a slice of the multimillion-dollar cake.

Chief legal eagle David Drummond is in line for the next biggest payout of $3.3m, while chief financial officer Nikesh Arora and chief financial officer Patrick Pichette are getting $2.8m each, Google said in a regulatory filing.

Founders Page and Brin have taken a dollar each in salary since the Chocolate Factory went public in 2004, relying on their massive gigabuck shareholdings to see them through.

While million-dollar bonuses might sound extravagant to lowly Reg hacks and many of our readers, it's mere pocket change to Google. The advertising mammoth raked in $2.89bn in net profit for the final three months of last year alone. ®

comment icon Read 31 comments on this article alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe